Crap from the center 4 american "progress"

User offline. Last seen 9 years 51 weeks ago.
FUR3jr
Number 468
FUR3jr's picture
Conspirator for: 16 years 6 weeks
Posted on: February 6, 2009 - 5:41am

http://digg.com/political_opinion/The_FDR_Failed_Myth

I read a few lines of this, and my bloodpressure went up til I was seeing spots!  People purpetrating ignorance with graphs to try and make it look like it's alright to redistribute the fruits of the labor of others!  Absolutely infuriating!

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User offline. Last seen 7 years 21 weeks ago.
Gardner Goldsmith
Number 6
Gardner Goldsmith's picture
Conspirator for: 19 years 4 weeks
Posted on: February 11, 2009 - 3:30pm #1

DUDE!

 

What people should do is THINK. SO, for example, when the government increases taxes to about 90% under FDR, and the government creates all sorts of wasteful programs like hiring people to float balloons in DC, they might suspect that this redirection of capital didn't lead to productive ventures being started, but just the opposite.

Then there's the liquidity increases thanks to the fed, inspiring price increases at the same time that people were losing jobs. It took a while, but that happened. Soo nice!

 

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