Why can't conservatives/GOP learn from history?

[Remodeling Maidiac]

Liberals cry about Fox News because they absolutely DOMINATE liberal outlets. All the while they get their news from Comedy Central.

 

[rdean]

here's some history the left refuses and denies;

Harding (R) inherted a depression, he cut taxes and Fed spending in 1/2, 18 month later, depression over, Roaring Twentys begin.
fdr (D) inherited a depression, he increased taxes and Fed spending to level unseen, 10 years later and WW2 later, depression over, no economic boom.

now, who did obama copy and why is it taking so long for the economy to really get going?

leftist learned from history that increasing taxes and spending slows the economy and forces more people to rely on the government for basic needs.

so please go fuck yourself you useless sheep

From 2001 to 2008, millions of jobs were moved to China and over 40,000 factories closed. Those jobs are gone and those factories are gone. How do you recover from such a blow to the country? That was what was handed to Obama from the GOP. It's way easier to fix something if it's still there to be fixed. If it's gone, you can't fix it. You need to rebuild from scratch.

 

[bedowin62]

here's some history the left refuses and denies;

Harding (R) inherted a depression, he cut taxes and Fed spending in 1/2, 18 month later, depression over, Roaring Twentys begin.
fdr (D) inherited a depression, he increased taxes and Fed spending to level unseen, 10 years later and WW2 later, depression over, no economic boom.

now, who did obama copy and why is it taking so long for the economy to really get going?

leftist learned from history that increasing taxes and spending slows the economy and forces more people to rely on the government for basic needs.

so please go fuck yourself you useless sheep

From 2001 to 2008, millions of jobs were moved to China and over 40,000 factories closed. Those jobs are gone and those factories are gone. How do you recover from such a blow to the country? That was what was handed to Obama from the GOP. It's way easier to fix something if it's still there to be fixed. If it's gone, you can't fix it. You need to rebuild from scratch.

um we did recover you mindless moron. that's why there were THIRTEEN MILION FEWER AMERICANS ON FOOD STAMPS WHEN BUSH WAS IN OFFICE, THEN THERE ARE NOW IN OBAMA SEVENTH YEAR

 

[SuperDemocrat]

It would be much easier to make your case that amything other than capitalism works if the current economic climate was as good as either the bush, Clinton, or even Reagan years. Even the manipulated numbers of the Obama administration are not as good as those years. As much of a failure this administration has been I fear that this country won't learn anytging from it. I hope a democrat wins so that the pain will continue. Eventually people will start figuring it out and abandon something that they believe.

 

[SuperDemocrat]

here's some history the left refuses and denies;

Harding (R) inherted a depression, he cut taxes and Fed spending in 1/2, 18 month later, depression over, Roaring Twentys begin.
fdr (D) inherited a depression, he increased taxes and Fed spending to level unseen, 10 years later and WW2 later, depression over, no economic boom.

now, who did obama copy and why is it taking so long for the economy to really get going?

leftist learned from history that increasing taxes and spending slows the economy and forces more people to rely on the government for basic needs.

so please go fuck yourself you useless sheep

From 2001 to 2008, millions of jobs were moved to China and over 40,000 factories closed. Those jobs are gone and those factories are gone. How do you recover from such a blow to the country? That was what was handed to Obama from the GOP. It's way easier to fix something if it's still there to be fixed. If it's gone, you can't fix it. You need to rebuild from scratch.

Despite that the unemployment rate was much lower. So much for the theory that overseas jobs caused the unemployment we have now. Poof!

I think if you are so concerned with factories being moved overseas and having foreign workers take American jobs then you should be equally concerned when those same foreign workers move here illegally and take American jobs. You seem strangly quiet on that issue.

 

[jillian]

No need to discuss anything you've said, it's very apparent your mind is already made up. So do us all a favor and go fuck yourself.

in other words, his observations are accurate and you have no response.

What ever, I ain't playing his BS game.

ok... just not sure what BS you're referring to. *shrug*

 

[jillian]

It would be much easier to make your case that amything other than capitalism works if the current economic climate was as good as either the bush, Clinton, or even Reagan years. Even the manipulated numbers of the Obama administration are not as good as those years. As much of a failure this administration has been I fear that this country won't learn anytging from it. I hope a democrat wins so that the pain will continue. Eventually people will start figuring it out and abandon something that they believe.

blah blah blah blah... wingers love saying the numbers are "manipulatred". of course, there's zero evidence of that... but whatever rocks you.

this administration hasn't failed by any rational standard DESPITE THE WINGER OBSTRUCTIOINISM OVER THE PAST SIX YEARS. and don't blather on about how there was a democratic majority in congress for the first two years or i'll have to hit you with the numbers on how many times the loons filibustered.

you're welcome.

 

[bedowin62]

It would be much easier to make your case that amything other than capitalism works if the current economic climate was as good as either the bush, Clinton, or even Reagan years. Even the manipulated numbers of the Obama administration are not as good as those years. As much of a failure this administration has been I fear that this country won't learn anytging from it. I hope a democrat wins so that the pain will continue. Eventually people will start figuring it out and abandon something that they believe.

blah blah blah blah... wingers love saying the numbers are "manipulatred". of course, there's zero evidence of that... but whatever rocks you.

this administration hasn't failed by any rational standard DESPITE THE WINGER OBSTRUCTIOINISM OVER THE PAST SIX YEARS. and don't blather on about how there was a democratic majority in congress for the first two years or i'll have to hit you with the numbers on how many times the loons filibustered.

you're welcome.

YAWN
actually there is a mountain of evidence leftard; but you're too brainwashed to digest it

 

[bedowin62]

you poor sad idiot; filibusters dont mean a thing when the ACTUAL record shows Democrats voting FOR the very policies you blame others for tanking the economy...............

you want me to hit you with THOSE NUMBERS leftard?

 

[bedowin62]

left-wing nutjobs love to cry about filibusters. what are these filibusters of important items the Left is crying bout?

 

[jillian]

It would be much easier to make your case that amything other than capitalism works if the current economic climate was as good as either the bush, Clinton, or even Reagan years. Even the manipulated numbers of the Obama administration are not as good as those years. As much of a failure this administration has been I fear that this country won't learn anytging from it. I hope a democrat wins so that the pain will continue. Eventually people will start figuring it out and abandon something that they believe.

blah blah blah blah... wingers love saying the numbers are "manipulatred". of course, there's zero evidence of that... but whatever rocks you.

this administration hasn't failed by any rational standard DESPITE THE WINGER OBSTRUCTIOINISM OVER THE PAST SIX YEARS. and don't blather on about how there was a democratic majority in congress for the first two years or i'll have to hit you with the numbers on how many times the loons filibustered.

you're welcome.

YAWN
actually there is a mountain of evidence leftard; but you're too brainwashed to digest it

lmao.

 

[bedowin62]

It would be much easier to make your case that amything other than capitalism works if the current economic climate was as good as either the bush, Clinton, or even Reagan years. Even the manipulated numbers of the Obama administration are not as good as those years. As much of a failure this administration has been I fear that this country won't learn anytging from it. I hope a democrat wins so that the pain will continue. Eventually people will start figuring it out and abandon something that they believe.

blah blah blah blah... wingers love saying the numbers are "manipulatred". of course, there's zero evidence of that... but whatever rocks you.

this administration hasn't failed by any rational standard DESPITE THE WINGER OBSTRUCTIOINISM OVER THE PAST SIX YEARS. and don't blather on about how there was a democratic majority in congress for the first two years or i'll have to hit you with the numbers on how many times the loons filibustered.

you're welcome.

YAWN
actually there is a mountain of evidence leftard; but you're too brainwashed to digest it

lmao.

YAWN
i already provided it leftard. Ok go cry now

 

[jillian]

It would be much easier to make your case that amything other than capitalism works if the current economic climate was as good as either the bush, Clinton, or even Reagan years. Even the manipulated numbers of the Obama administration are not as good as those years. As much of a failure this administration has been I fear that this country won't learn anytging from it. I hope a democrat wins so that the pain will continue. Eventually people will start figuring it out and abandon something that they believe.

blah blah blah blah... wingers love saying the numbers are "manipulatred". of course, there's zero evidence of that... but whatever rocks you.

this administration hasn't failed by any rational standard DESPITE THE WINGER OBSTRUCTIOINISM OVER THE PAST SIX YEARS. and don't blather on about how there was a democratic majority in congress for the first two years or i'll have to hit you with the numbers on how many times the loons filibustered.

you're welcome.

YAWN
actually there is a mountain of evidence leftard; but you're too brainwashed to digest it

lmao.

YAWN
i already provided it leftard. Ok go cry now

you didn't prove anything. but thanks for the wingnuttery

 

[bedowin62]

It would be much easier to make your case that amything other than capitalism works if the current economic climate was as good as either the bush, Clinton, or even Reagan years. Even the manipulated numbers of the Obama administration are not as good as those years. As much of a failure this administration has been I fear that this country won't learn anytging from it. I hope a democrat wins so that the pain will continue. Eventually people will start figuring it out and abandon something that they believe.

blah blah blah blah... wingers love saying the numbers are "manipulatred". of course, there's zero evidence of that... but whatever rocks you.

this administration hasn't failed by any rational standard DESPITE THE WINGER OBSTRUCTIOINISM OVER THE PAST SIX YEARS. and don't blather on about how there was a democratic majority in congress for the first two years or i'll have to hit you with the numbers on how many times the loons filibustered.

you're welcome.

YAWN
actually there is a mountain of evidence leftard; but you're too brainwashed to digest it

lmao.

i proved you're an idiot; but in reality everybody already knew this.

i asked you a very simple question; what are all these filibustes you keep crying about?
i can show you filibustering didnt matter since Democrats willingly voted FOR the same polices losers like you blame others for tanking the economy with.


YAWN
i already provided it leftard. Ok go cry now

you didn't prove anything. but thanks for the wingnuttery

 

[imawhosure]

Hey, how many of you know that Bernie (the socialist) Sanders, wants a 90% tax rate? These are liberal heroes for sure. No wonder some of them want to throw Hilly under the bus. Why have 1/2 a Marxist, when you can have a whole Marxist instead!

 

[Dad2three]

here's some history the left refuses and denies;

Harding (R) inherted a depression, he cut taxes and Fed spending in 1/2, 18 month later, depression over, Roaring Twentys begin.
fdr (D) inherited a depression, he increased taxes and Fed spending to level unseen, 10 years later and WW2 later, depression over, no economic boom.

now, who did obama copy and why is it taking so long for the economy to really get going?

leftist learned from history that increasing taxes and spending slows the economy and forces more people to rely on the government for basic needs.

so please go fuck yourself you useless sheep

1921 and All That




Every once in a while I get comments and correspondence indicating that the right has found an unlikely economic hero: Warren Harding. The recovery from the 1920-21 recession supposedly demonstrates that deflation and hands-off monetary policy is the way to go.

But have the people making these arguments really looked at what happened back then? Or are they relying on vague impressions about a distant episode, with bad data, that has been spun as a confirmation of their beliefs?

OK, I’m not going to invest a lot in this. But even a cursory examination of the available data suggests that 1921 has few useful lessons for the kind of slump we’re facing now.


Brad DeLong has recently written up a clearer version of a story I’ve been telling for a while (actually since before the 2008 crisis) — namely, that there’s a big difference between inflation-fighting recessions, in which the Fed squeezes to bring inflation down, then relaxes — and recessions brought on by overstretch in debt and investment. The former tend to be V-shaped, with a rapid recovery once the Fed relents; the latter tend to be slow, because it’s much harder to push private spending higher than to stop holding it down.

And the 1920-21 recession was basically an inflation-fighting recession — although the Fed was trying to bring the level of prices, rather than the rate of change, down. What you had was a postwar bulge in prices, which was then reversed:

Money was tightened, then loosened again:

Discount rates are a problematic indicator, but here’s what happened to commercial paper rates:

And so there was a V-shaped recovery:

The deflation may have helped by increasing the real money supply — at least Meltzer thinks so (pdf) — but if so, the key point was that the economy was nowhere near the zero lower bound, so there was plenty of room for the conventional monetary channel to work.

All of this has zero relevance to an economy in our current situation, in which the recession was brought on by private overstretch, not tight money, and in which the zero lower bound is all too binding.

So do we have anything to learn from the macroeconomics of Warren Harding? No.

http://krugman.blogs.nytimes.com/2011/04/01/1921-and-all-that/?_r=0

Typical responses so far from the right, as expected. Shocking. It doesn't matter the depth of the hole FDR or Obama inherited, why wasn't it fixed faster? lol

omg, people are so dumb.

fdr had the longest depression ever and obama copied his ideas with similar results and you stand by those shitty results.

thanks for the grafts, they were cute.

end result is, let people keep what they earn so the economy can grow.

taxing the fuck out of everything is a failed idea world wide.

Yep, when the Conservatives/GOP are in charge, they sure leave US in a DEEP hole for the Dems to get US out!



Weird I thought the US was a paradise for most when tax rates were 70%-94% 1945-1989?

 

[Dad2three]

Liberal ideas have no history other than failure and you think we can't learn from it?

New Deal set the stage for a new society. FDR made it easier for workers to unionize, and started taxing the rich at confiscatory levels. It didn't hurt that first the war and later the baby boom put everyone back to work. The result, as you can see above, was the creation of the American middle class. Between 1940 and 1970, the bottom 90 percent went from making, on average, $12,000 to $33,000. The top 1 percent, meanwhile, were stuck making "only" $300,000 this whole time. It's what economists call the "Great Compression," and it was a story about workers having the bargaining power to ask for higher wages and the rich not having much reason to ask for higher wages themselves. That's because top marginal tax rates were so high—at their peak, 94 percent—that it wasn't worth it for CEOs to pay themselves that much more. Besides, that was just something executives didn't do back then. George Romney, for example, turned down a $100,000 bonus in 1960—and those are unadjusted dollars—because he didn't think anyone needed to make that much more.

This chart explains everything you need to know about inequality - The Washington Post

So, unions were responsible for the Post War boom?

THe fact that the rest of the world had been bombed flat and thus could NOT compete with US, AND needed to rebuild had nothing to do with it?

Weird response to PROGRESSIVE policies that created the post WW2 America and largest middle class the world ever knew.

90% of the damage was rebuilt by 1955. AND helped those economies with Marshall's plan. Weird you want to hold onto Heritage talking points?

 

[Dad2three]

Obama is a socialist

it is up to you now to prove he is NOT !!

Reagan adviser Bruce Bartlett: Face it, Obama is a conservative
Reagan adviser Bruce Bartlett Face it Obama is a conservative - Salon.com




Obama Is a Republican
He’s the heir to Richard Nixon, not Saul Alinsky.
By Bruce Bartlett




...
Among the Obamacons were Ken Duberstein, Ronald Reagan’s chief of staff; Charles Fried, Reagan’s solicitor general; Ken Adelman, director of the Arms Control and Disarmament Agency for Reagan; Jeffrey Hart, longtime senior editor of National Review; Colin Powell, Reagan’s national security adviser and secretary of state for George W. Bush; and Scott McClellan, Bush’s press secretary. There were many others as well.

According to exit polls in 2008, Obama ended up with 20 percent of the conservative vote. Even in 2012, after four years of relentless conservative attacks, he still got 17 percent of the conservative vote, with 11 percent of Tea Party supporters saying they cast their ballots for Obama.


Obama Is a Republican The American Conservative

 

[Dad2three]

the streets of your liberal cities are stained red this morning, with the blood of young Black males, from the overnight carnage of the GUN NUTS on your streets where you've banned guns

and you want to talk about who doesnt question themselves leftard?

let's go there shall we?

 

[Dad2three]

you idiots claim obama has created 6 million jobs

but THIRTEEN MILLION MORE are on food stamps; for a total of bout 45 milion in OBAMA'S SEVENTH YEAR
yea people can work and collect food stamps..............so are you ready to admit obama "created" minimum-wage jobs?

You mean the "job creators" aren't paying enough even though they have the lowest sustained tax rates in decades?

Weird, perhaps start taxing the "job creators" to help the "food stamps"/