| nuckles87 said: And, frankly, unbridled libertarianism will do a heck of a lot more damage to America then Obama's mild conservatism will ever do. One only needs to look at the great depression of the 1930s to see where decades of small government not regulating the behavior of corporations will do to an economy. The current problem isn't too much government control. The problem is not enough. We had higher taxes and more government regulation in the 1950s, and our economy was doing a heck of a lot better then then it is now. |
My problem with this is everyone always says that it's not enough. We need to spend more. We need government to do more. At what point does that start to help? It is clearly not helping now. At what level of spending and intervention does this begin to work, and what causes that to suddenly happen?
You cite the Great Depression as reason for why libertarianism doesn't work. I am not an expert on the matter, and I'm sure that there are others on this site who know more than me. But my understanding is that it was made far worse by more government intervention, and higher government spending.
This video was linked in a previous thread on here. It does a much better job of explaining things. It is long, but I would encourage you to watch it.
