Depression Video

25 Responses to “Depression Video”

  1. pshinspections Says:

    Turn off the gangster movies.

    The criminal class is larger today than before. Look at the crime stats, that should change your mind about how violent people are today vs. then. If it does not phase you, nobody can help you.

  2. pshinspections Says:

    The problem in the 30s, as now, govt got in the way of capitalism. If they just kept their hands out, we wouldnt be facing another depression.

    Hope you’re out of debt and stocked up for years of food. You’re gonna need it. Forget about driving, gas will hit $10 a gallon.

  3. Americaisgreat123 Says:

    That is right. We got into The Great Depression because of the extremely inept actions taken by The Federal Reserve from 1929-1933 and protectionist tariffs (too “save jobs”……).

    We stayed in The Great Depression because of The New Deal. It was a major political success, but a complete economic failure.

  4. pshinspections Says:

    Isn’t it ironic that one of the only tools to save this country’s economic health is protectionism, the very thing that messed us up in the 30s…

    Without a re-industrialization of America, we can just kiss it goodbye. Watch my video on that issue.

  5. Heeey333 Says:

    it wouldn’t be a political success if it was an economic failure, what are you talking about???

  6. Americaisgreat123 Says:

    Wrong. People didn’t judge FDR based on economic statistics because voters aren’t rational like that. They judged him off his charisma, off how he made them feel. He was a complete failure. Both FDR and Hoover deserve to be in the list of 10 worst presidents of history.

    Historians, journalists, and political scientists tend to judge history off its popular sentiments. Economists judge it off the facts.

    There are so many fallacies of The Great Depression, it is sickening.

  7. Heeey333 Says:

    what did FDR do wrong? he created jobs, provided welfare systems and unemployment checks to get people into homes again not starving, we got productive again, we got into world war 2, economy flourished.

  8. Americaisgreat123 Says:

    His economic policies did not create jobs, they only gave the illusion that they created jobs. The government cannot create jobs because in order to do that they need to divert resources from the (more efficient) private sector.

    Keynesian economics (what we are trying right now) has never worked because it diverts resources from the private sector. Government needs to borrow to spend so that raises interest rates and that in turn raises prices which in the aggregate, decrease consumer spending.

  9. rackfocus Says:

    Good video. The song, however, is “Brother, Can You Spare a Dime.”

  10. verminone Says:

    This could be a republican campaign ad!!!

  11. ROEDERBABY Says:

    Amazing song. Amazing, amazing, amazing.

  12. princeandrey Says:

    So, social security & unemployment insurance are fallacious and sickening; To a man with no heart and no brain perhaps! Uunobjectionable measures to stave off the poverishment of old age and joblessness. In fact, WW II is a wonderful example of Keynesian economics writ large. Keynes reigned supreme throughout the prosperous ’50’s and ’60’s wherein there were both widespread prosperity and relative equality of income.

    By the way, grammatically speaking,: do you “judge a person off” ? No.

  13. James1971CA Says:

    verinone u are the idiot republican and thank you for supporting bush jr and crashed economy millions jobless thanks to idiots like you

  14. AldCastillo Says:

    The Republicans fuck the economy!!!!!!!!!

  15. ohnoemynameistaken Says:

    and politics fuck humanity

  16. barbarianopinion Says:

    Every government job today costs approximately two private sector jobs. During the depression the ratio was slightly better. Anyone who understands economics and tax structure understands that government does not create jobs…they appropriate private sector jobs in order to increase dependency on government. Simple math…and irrefutable

  17. Heeey333 Says:

    park rangers, social work agencies, etc. all equal increase job options by government.

  18. barbarianopinion Says:

    Yes young Heeey…but they have to pay their salaries from some pool of money. That pool is produced by taking money from those who would buy products, thus creating jobs, or from the companies which could expand, thus creating jobs.
    It’s actually very simple math. If the gov’t pays someone 50 grand…they must first take about 80 grand from someone else…the dollar difference is the result of “bureaucratic friction.” You’ll learn about that if you take Econ in college. Gov’t REDUCES jobs.

  19. Heeey333 Says:

    the usa wasn’t always in debt, we used to have a curplus that came from standard country profits (taxes, selling weapons, etc.).

  20. BigBishop1 Says:

    we r fukt

  21. reef37 Says:

    It is both side that fucked the economy – We the people gave them the power. We need to stand up and inform our neighbors

  22. barbarianopinions Says:

    I’m wearing a diaper.

  23. TheKerryzzz Says:

    They mostly have suits on!!! guess that was like jeans and a t shirt is to us today???

  24. backnumber1662 Says:

    where are your sources for this. The developed countries with the largest public sector (Germany, the Netherlands, Belguim, Holland) are those least affected by the GFC.

  25. backnumber1662 Says:

    not so, where there is inadequate demand (and only then) the government by spending creates some demand. Milton Friedman agreed with this in his Monetary History of the USA . He adds correctly that if demand is adequate govt spending leads to stagflation.

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