| axt113 said: you make it sound like crashing is something you just get back up from,, no, crashing would be permanent, we wouldn't recover, what would happen is the country and eventually the world would end up trapped a deflationary spiral downwards, to the point where we would be looking at the Great Depression as a time of plenty
Contrary to what the pundits would have you believe, the economy is growing, slowly yes, but growth is growth, we are in a far better position that we would have been had the government not acted like it did |
This crash would not have been as bad as the worst in history. 1920 was far worse. It lasted a year.
The only way we would crash and never recover, is if we are worth nothing, and then we are going to crash anyway.
The US has value. Value in our people, or manufacturing (we are still #1 in that, soon to be #2, but #2 is not the end of the world), or technology, land, companies....
Letting free enterprise solve a problem they have proven so capable of solving, is the answer. Letting government solve the problem they have proven time and time again incapable of solving, is not.
Just look at history. We have been here before, and we have tried both options. One was wildly successful, and one was a total failure. It happened again, and we chose failure.
