Watch out for price gouging....

[ccbatson]

We recovered from the great depression, however, there is no evidence to confirm that spending hastened the process with plenty of solid reasoning to suggest that the spending prolonged the depression. For certain the taxpayer liabilities from that spending, in the form of entitlement programs is still felt today [[increasingly so).

[Lorax]

Bush is largely to blame. However, if Democrats had not voted for the Wall Street bailout in even larger numbers than Republicans, allowed the president to go to war in adequate numbers, and funded the war to keep it going, the Bush legacy would not be what it is. It was a bi-partisan effort that screwed up the economy although Bush earned more of the blame for his leadership. President Obama has about another year to turn the ship around or it becomes the Bush/Obama recession.

Roosevelt did not spend us out of the depression for the fiftieth time. Unemployment was still 17% in 1938. Putting 12M guys in uniform for WWII helped though. Add the expansion into Iran and adding 92,000 troops to the payroll to your health care equation. The government is bankrupt. Extra available funds would have to be borrowed from China, our kids, or elsewhere.

Let Citibank die. Its assets will then be picked up by more efficient banks. For what its worth, Citicorp donated $675,268 to the Obama campaign and $320,251 to the McCain campaign.

firstandten, Unlike the US, China is sitting on top of as pile of dollars it has to get rid of before they become worth less.. It is building its infrastructure, importing commodities, and buying natural resources all over the world.

Roosevelt did create the TVA, Hoover Dam, Grand Coulee Dam that are still paying back the taxpayers of his day - many times over. This is sort of what Chna is doing with its money. Only about 18-23% of Porkulus is designated for similar infrastructure improvements.

I still submit to you that Bush is to blame.

It was his economic policy, written and controlled by a Republican majority congress for six of his eight years in office, coupled with the image of Henry Paulson privately telling Democrats in congress that if they don't get the 700 billion bucks committed, that there would be anarchy in the streets.

This in my view lays the blame squarely at the feet of the Bush Crime Family.

Democrats between 06 and 08 had a slim majority in congress, and cannot be held responsible for swaying the economic policy [[or lack thereof) during this period.

And for the 51st time, Roosevelt DID spend us out of a much worse depression than we would have suffered through had he not spent as much as he did. ALL credible economists have said he didn't, in fact, spend enough. Unemployment figures aside.

WWII certainly helped finish the job of pulling us out of depression, but without being coupled with the WPA and CCC among other work projects wouldn't have had the same impact.

One of my biggest criticisms of Obama is the part about bailing out Wall Street, which, as I stated before would have better served us as a nation by downsizing, and ultimately nationalizing the banks.

Citibank knew which side their bread was buttered on, and donated as much as they did, knowing, as all of us did, that McCain hadn't a chance in hell of becoming president- especially with his cleaning lady running as VP. Nothing like padding their nest a little before asking dad for the keys to the car.

Returning veterans of Iraq & Afghanistan will have their medical through the VA, which will be equipped to handle their care, so your idea of this number of people being dumped into the system will have no measurable effect. Less than 1% of the US population is serving in the armed forces.

My other big critcism of Obama is the lack of what I have termed a "WPA21" or back to work program suited to the needs of the 21st century. Infrastructure should be getting the lion's share of any stimulus money, and should get those funds on condition of employing as many as possible.

This would be a prime opportunity to restore our nation's parks, monuments, bridges, highways, watersheds, and would help people connect to a little nationalism, working to restore the built environment, and showing some respect to the nation which has provided us with so much.

[mjs]

ALL credible economists have said he didn't, in fact, spend enough.

Thats as much folklore as King Arthur pulling Excaliber from a stone.

[Lorax]

Thats as much folklore as King Arthur pulling Excaliber from a stone.

Folklore reminiscent of you having anything relevant or credible to bring to the table.

[mjs]

Back to a rephrasing of the original question, what objective proof do you offer that the economy was better the day Pearl Harbor was attacked than the day the stock market crashed? Objective data usually involves numbers and this will require a credible source other than using the term "expert". I'm even giving you the freebie of supplying an international war by not going back to the invasion of Poland or a military builup in Germany. Keep in mind that recessions and recoveries are defined by growth or reatraction in GDP and that employment numbers do matter as well.

[ccbatson]

Dams? That is the sole legacy of FDR's brand of Socialism? Of course, if undertaken as a private enterprise, we would really be seeing an efficient and high yield on investment.