| SlayerRondo said: I don't think the first and second new deal were anything but a drain on productive resources in the economy. Looking at things on a global scale the more austere nations were the quickest to recover from the great depression, and often when recessions hit letting them run there course is good in the long term for the economy. |
Say hwat now? Really, you sure about that? Look, in terms of economy and on a global scale the quckest coutries to recover were those that dropped the gold (and silver) standard earlier on allowing them to print more money that allowed them to get out of the rut they were put in. It was more spending that got them out. Case in point, would WWII have brought the world back into another depression had spending and debt truly been the cause of the first one? It did not, and many people attribute it to the massive boom in economy in America and around the world as spending skyrocketted. If you have any proof of the opposite I would love to see the source.
As to the OP, it's wierd for you to ask for a New Deal considering that it has always been democratict initiatives and they are the ones currently in power (bringing about the "socialism" that you talked about). ObamaCare will prove its worth over the next few years and within a decade people will ask how they ever lived without it. Wars are ending overseas and the money spent on them is being drawn down drastically (and don't compare the cost of the Iraqi and Afghanistan wars to the little skirmishes in Libya and Syria). The only major constraint on the world recovery is the brinkmanship that has been going on in congress and trust me, it won't get this bad again for decades. The Repulicans took a beating in the polls and they aren't willing to cause another shutdown. I think that (while he has been far, far from perfect) Obama has been taking the right steps towards getting America back on track, his worst sin is the partisanship that has plagued Washington which I will freely admit is a failure of his leadership. However, economically, his decisions have been sound and on well proven grounds, outside meddling has been reduced drastically, unemployement has fallen despite everything that has happened, all in all, I think 10 years down the road people will look back fondly at his presidency.
Just trust me on the ObamaCare thing, once its rolled out and all the kinks worked on, it'll become the next SS and Medicare; a golden pillar of Americanism that cannot be touched by any party or ideology. It has severe flaws right now but they will all be worked on, the underlying principles is tried, true and tested. You won't agree, but you'll see in good time.
