JoeB131
Diamond Member
Did you know we had recessions before Woodrow, guy? Except back then, they were called "Panics" and they usually turned out to be pretty bad.
The reason why government started stepping in was because most of these panics were leading to riots in the street. Look up "Haymarket Riot" some time.
So the fact that free market flawlessly balances itself means "nothing bad ever happens" in your mind?!? Yeah, there were recessions. And they quickly faded every time and were replaced by periods of flourishing prosperity junior. That's what balance means...
Honestly Joseph, talking to you is like talking to someone slower than a retard - but much more hilarious.
Guy, for most people the economy kind of sucked before the New deal.
I know this is a hard concept for you to grasp, but an economy has to work for people other than the rich.