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ManusJustus said:
elprincipe said: 

The New Deal was a dismal failure, in other words, as it completely failed to produce an economic recovery, thus proving for all time that government cannot produce economic prosperity.

Just look at Germany and the Soviet Union at the same time.  While the United States and Britian were bogged down by the Great Depression, Germany and Russia nationalized their economies and turned themselves from economic 'poor houses' to superpowers.

The fact that countries like Germany and Russia prospered during the Great Depression is ample evidence to prove your statement inaccurate.

Amen Manus.  When the country gets bigger and shoves its collective hands where private business and families should take over, it is never good.  Examples: SS, child support, affirmative action, welfare (abuse), bailouts due to bad corporate structure that lead to a spa treatment and continued mess...

 



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ManusJustus said:
elprincipe said: 

The New Deal was a dismal failure, in other words, as it completely failed to produce an economic recovery, thus proving for all time that government cannot produce economic prosperity.

Just look at Germany and the Soviet Union at the same time.  While the United States and Britian were bogged down by the Great Depression, Germany and Russia nationalized their economies and turned themselves from economic 'poor houses' to superpowers.

The fact that countries like Germany and Russia prospered during the Great Depression is ample evidence to prove your statement inaccurate.

 

Ever hear the term "The cure is worse then the disease."

 



Final-Fan said:

I'm sorry, thread, I can't resist taking this shot:

Numbers of Banks and Bank Suspensions
Year Number as of 12-31 Suspensions
1929 24,633 659
1930 22,773 1350
1931 19,970 2293
1932 18,397 1453
1933 15,015 4000
1934 16,096 57

Data are from Table V 20-30 in Historical Statistics of The United States: Colonial Times to 1970, 1975, p. 912.

Clearly New Deal reforms had no effect on the banking crisis whatsoever. 

I think that any neutral party, upon comparing your quote "Unemployment was down slightly at the end of the '30s compared to when FDR took office, from insanely high to slightly less insanely high." to my graph, will perceive the reality of the situation.

 

So now you are "proving" your point about unemployment with statistics about...bank suspensions.  Does.not.compute.



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It's my belief that your "rebuttal" on the unemployment point is ridiculous on its face. The banking statistic was simply me pointing out an instance where New Deal reform clearly had good effect.  [edit:  see edit.]



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Kasz216 said:
ManusJustus said:
elprincipe said:
The New Deal was a dismal failure, in other words, as it completely failed to produce an economic recovery, thus proving for all time that government cannot produce economic prosperity.
Just look at Germany and the Soviet Union at the same time.  While the United States and Britian were bogged down by the Great Depression, Germany and Russia nationalized their economies and turned themselves from economic 'poor houses' to superpowers.

The fact that countries like Germany and Russia prospered during the Great Depression is ample evidence to prove your statement inaccurate.
Ever hear the term "The cure is worse then the disease."

Even so, it's a fair rebuttal to elprincipe's "the cure does not exist".  Although I have to say that elprincipe had already proved himself wrong by claiming that GOVERNMENT military demand in WWII pulled us out of the Depression.



Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.

"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
The old smileys: ; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for , let me know!
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I have the most epic death scene ever in VGChartz Mafia.  Thanks WordsofWisdom! 

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Kasz216 said:
ManusJustus said:
elprincipe said: 

The New Deal was a dismal failure, in other words, as it completely failed to produce an economic recovery, thus proving for all time that government cannot produce economic prosperity.

Just look at Germany and the Soviet Union at the same time.  While the United States and Britian were bogged down by the Great Depression, Germany and Russia nationalized their economies and turned themselves from economic 'poor houses' to superpowers.

The fact that countries like Germany and Russia prospered during the Great Depression is ample evidence to prove your statement inaccurate.

Ever hear the term "The cure is worse then the disease." 

I'm not saying that Germany and Russia were great by any means, I'm saying that since their since economies prospered during the Great Depression that it proves the idea that 'all government intervention is bad' is wrong. 



ManusJustus said:
Kasz216 said:
ManusJustus said:
elprincipe said: 

The New Deal was a dismal failure, in other words, as it completely failed to produce an economic recovery, thus proving for all time that government cannot produce economic prosperity.

Just look at Germany and the Soviet Union at the same time.  While the United States and Britian were bogged down by the Great Depression, Germany and Russia nationalized their economies and turned themselves from economic 'poor houses' to superpowers.

The fact that countries like Germany and Russia prospered during the Great Depression is ample evidence to prove your statement inaccurate.

Ever hear the term "The cure is worse then the disease." 

I'm not saying that Germany and Russia were great by any means, I'm saying that since their since economies prospered during the Great Depression that it proves the idea that 'all government intervention is bad' is wrong. 

The extreme government interaction led to Nazism and "Communism"  that lead to two of the worst killing sprees in the history of the world.

I'd say your arguement is a bit off base.  Furthermore, their intervention was much more solid.

To use other governments as a case study that used much more drastic means seems like a bad move.

 

 



Final-Fan said:
Kasz216 said:
ManusJustus said:
elprincipe said:
The New Deal was a dismal failure, in other words, as it completely failed to produce an economic recovery, thus proving for all time that government cannot produce economic prosperity.
Just look at Germany and the Soviet Union at the same time.  While the United States and Britian were bogged down by the Great Depression, Germany and Russia nationalized their economies and turned themselves from economic 'poor houses' to superpowers.

The fact that countries like Germany and Russia prospered during the Great Depression is ample evidence to prove your statement inaccurate.
Ever hear the term "The cure is worse then the disease."

Even so, it's a fair rebuttal to elprincipe's "the cure does not exist".  Although I have to say that elprincipe had already proved himself wrong by claiming that GOVERNMENT military demand in WWII pulled us out of the Depression.

Though can we claim for sure that it was the New Deal that actually caused it to happen or that it was a natural turn?

After all the general basis behind the great depression in the "New Deal" term of thoughts is that it was caused by the rich becoming richer, and the poor not having enough money to mass consume.   Yet now, the distribution of wealth is far higher then in those days.

Such things are hard to explain and figure out... espiecially when you only have one level of data points.

Though this is almost the right era to discuss things according to the "Seventh Generation" standard.

Though i imagine that may be why you have a more earnest argueing over whether the New Deal actually was helpfull or not or who it was helpful for.

 



Kasz216 said:
ManusJustus said:

I'm not saying that Germany and Russia were great by any means, I'm saying that since their since economies prospered during the Great Depression that it proves the idea that 'all government intervention is bad' is wrong. 

The extreme government interaction led to Nazism and "Communism"  that lead to two of the worst killing sprees in the history of the world.

I'd say your arguement is a bit off base.  Furthermore, their intervention was much more solid.

To use other governments as a case study that used much more drastic means seems like a bad move.

Is your argument that in order for government intervention to work it has to be extreme?

A better case for my idealogy would be Scandinavia, but prosperity during the Great Depression is a easy example to look at to disprove the notion that government intervention hurts the economy.



Final-Fan said:
Kasz216 said:
ManusJustus said:
elprincipe said:
The New Deal was a dismal failure, in other words, as it completely failed to produce an economic recovery, thus proving for all time that government cannot produce economic prosperity.
Just look at Germany and the Soviet Union at the same time.  While the United States and Britian were bogged down by the Great Depression, Germany and Russia nationalized their economies and turned themselves from economic 'poor houses' to superpowers.

The fact that countries like Germany and Russia prospered during the Great Depression is ample evidence to prove your statement inaccurate.
Ever hear the term "The cure is worse then the disease."

Even so, it's a fair rebuttal to elprincipe's "the cure does not exist".  Although I have to say that elprincipe had already proved himself wrong by claiming that GOVERNMENT military demand in WWII pulled us out of the Depression.

Exactly, I was actually going to ask what was the difference between the federal government's spending in the new deal gettin the US out of the depression and the federal government's spending in WWII getting the US out of the depression, especially when the former spending is useful in terms of infrastructure existing after the spending whilst the second is less useful as detonated bombs and fired bullets don't help the economy past their initial creation (though they help in that factories are built to make them the product itself doesn't unlike when the product is a road or a bridge...).

However I haven't especially put much thought in it so if one of you guys has an argument why government spending is better in one case than the other or a link to an article making the case I would be genuinely interested to read it.



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