CrusaderFrank
Diamond Member
- May 20, 2009
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Frank and PC's sadly stuttering replies and evidence have been debunked time and again on the board over the years, so, no, they don't get "just once more." The stupid polices of economic, conservative legislation in 1936 and 1937 that FDR signed retarded the recovery.
Jake those "stupid policies" dropped unemployment from 12% down to 4% in under 2 years when Coolidge and Mellon were in charge, why didn't these "stupid policies" work for FDR?
SO, ARE YOU REALLY SO STUPID THAT YOU BELIEVE A DOWNTURN IS A DOWNTURN. THE GREAT REPUBLICAN DEPRESSION OF 1929 WAS A HUGE DEAL, ME BOY. A GREAT DEPRESSION BASED ON A CRIPPLING LACK OR AGGREGATE DEMAND. AND IT WAS A 25% UNEMPLOYMENT RATE DEPRESSION, LARGEST IN OUT HISTORY.
THE RECESSION OF THE EVERY EARLY 1920'S WAS A SIMPLE END OF A WORLD WAR RECESSION, NO PROBLEM WITH AGGREGATE DEMAND. IT WAS AN ISSUE OF DEFLATION, WHEN TONS OF PRODUCTION Was STILL THERE AND THE PRICES DECREASED FOR A BIT. AND IT WAS A DEPRESSION THAT OCCURRED THANKS TO THE FACT THAT HUNDREDS OF THOUSANDS OF SOLDIERS RETURNED FROM WWI TO A USA WITHOUT SUFFICIENT JOBS FOR A WHILE. QUITE A NORMAL SORT OF THING. SO, YOU GOT A SHORT TERM DEFLATIONARY RECESSION, SHARP AND QUICK.
BUT THE REAL PROBLEM WITH YOUR STATEMENT ABOUT WHY THE COOLIDGE POLICIES THAT WERE SO SUCCESSFUL IN THIS SHORT RECESSION WERE NOT USED IN THE GREAT REPUBLICAN DEPRESSION OF 1929 SHOWS YOUR TRUE IGNORANCE. ACTUALLY, COOLIDGE HAD NO POLICIES THAT WERE HELPFUL IN THE EARLY 1920'a depression. Because, me ignorant con troll, by the time coolidge took office the recession you refer to was OVER. By about a year.
When Socks Attack.
Not surprisingly you're way out of your league here. Starkey and I were discussing, and by discussing I mean Starkey was flinging one sentence worth of uneducated pooh and I was trying to get him to talk specifics on the difference between FDR Depression within an Depression in 1936-7 and the 1920-21 Recession when you suddenly decided you have to rush to his defense and go completely off target.
Do you have an answer as to what was different between 1936-7 and 1920-21?