Tuesday, December 8, 2009

Conservatives Oppose What Our Country Needs to Do to Avoid Depressions

I don't know why Conservatives keep complaining about Obama spending so much money. Spending tons of money is exactly what Obama should have been doing.

Deficit spending, priming the pump, pouring more money back into the system.

The economist, John Maynard Keynes, showed that this is how you end a Depression in the 1930's, and this is how Obama just averted a new Depression in 2009.

Conservatives are not only great at creating Depressions; they are also terrific at preventing the country from coming out of them.

Look at Hoover from 1929 through 1933.

If only McCain and Palin had won in 2008, there would have been no Tea Parties. No one would have been able to afford to buy any tea.

Maybe today we would have had Tea Lines instead of Bread Lines.

39 comments:

Casey said...

I know that that is what we are being taught in our schools, but it simply is not true. The Great Depression lasted well over 10 years. It was the tinkering with the economy and the government over regulation that EXTENDED the Depression.
In reality, what brought us out of the Great Depression was the war.

CJP said...

The people who lived through he Great Depression don't agree with you, Casey. You can try to re-write history all you want. However --

People were feeling much better in 1933 after FDR took office. Bread lines, apple selling and Hoovervilles pretty much disappeared.

People were being put back to work and bringing home pay checks.

That's why FDR was re-elected in 1936 by such an overwhelming landslide, carrying 46 of the 48 states.

RayGun said...

"TARP shouldn’t be a “slush fund” to pay for the next “stimulus exercise,” he said.

“It can’t be used to build roads. It can’t be used to fund the military. It can’t be used to support NIH [the National Institute of Health]. It can’t be used for any of those things,” Gregg told reporters Monday. "

Cons want unemployment to be high for next election

--
Gregg is a con of course. And yes, the fund can only be used to bail out those crafty bankers the cons all admire so much.

RayGun said...

Ooops, forgot to click email follow-ups.

CJP said...

"Cons want unemployment to be high for next election."

RayGun, you are so right. Bull's-Eye.

RayGun said...

"This sort of agenda doesn’t rely on politicians who think they can predict the next new thing. Nor does it mean merely letting the market go its own way. (The market seems to have a preference for useless financial instruments and insane compensation packages.)"

Brooks, a rare con with common sense
--
Brooks is only one of 2 cons that I can think of that one could call an intellectual. The other is George Will. But the cons are actually proud of their anti-intellectualism for some reason.

Casey said...

That is completely WRONG CJP. Economists that have studied the Great Depression, (and still are) have identified the causes and the factors that extended the depression. Try http://www.independent.org/blog/?p=208
OR
http://www.newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx?RelNum=5409

There are a number of books on this subject, but I know how you guys don't like to read them, so I have provided 2 links for you. Hard to argue with UCLA.
What we have with the spending and the money printing, is a recipe for INFLATION.
BTW. Obama's poll rating at 47%, is the lowest of ANY president in history at this point in the presidentcy.

RayGun said...

"What we have with the spending and the money printing, is a recipe for INFLATION."
--
Ahhhh, that's why the cons went along with the initial spending, because they hate the US? All the TARP money should of been gone, all spent, it wasn't, so why not spend it now?

Anon2 said...

You wannabe smart about the time and percentage of approval re Obama eh?. Read along Caseyboy.

At the time that Dumbya left office, his final approval rating of 22% was shite.

http://www.cbsnews.com/stories/2009/01/16/opinion/polls/main4728399.shtml

"(CBS) President Bush will leave office as one of the most unpopular departing presidents in history, according to a new CBS News/New York Times poll showing Mr. Bush's final approval rating at 22 percent.

Seventy-three percent say they disapprove of the way Mr. Bush has handled his job as president OVER THE LAST EIGHT YEARS.

Mr. Bush's final approval rating is the lowest final rating for an outgoing president since Gallup began asking about presidential approval more than 70 years ago."

RayGun said...

"Read along Caseyboy."
--
How do you know she is a boy? She won't provide pictures so I am inclined to believe it also, but do you have inside info?

RayGun said...

Why would any woman want to be called a con? Cons believe women are second class citizens, as they don't deserve equal pay for equal jobs. Cons all believe in the good book which says women shall be subservient to men. Cons also believe a woman should not be able to decide what to do with her own body, by openly promoting the dis-allowance of all abortions. Being a woman, what about the above is not to like?

Casey said...

You wannabe smart about the time and percentage of approval re Obama eh?. Read along Caseyboy.
Anon2

Okay Old Hippie Woman: We get that. But at this time in Bush's presidentcy, his approval rating was 86%. Again, we are not talking apples to apples. You fail, as usual to see the point, or UNDERSTAND this concept.

BTW: Call me a boy if you would like. It is really no big deal. With a name like Casey, you think that I have never encountered it before? BFD.

Casey said...

Anon2, you are a piece of work. I give you Obama's approval rating NOW, and you finish with Bush's approval rating after 8 years! The funny part is, you act all smug, like you "got me" somehow. Please don't try to get into an itellectual war with me, honey, because you don't have the chops.
Must have been too much acid in the 60's...

Casey said...

The next 11 presidents, both Democrats and Republicans, all had higher job approval ratings than Obama at this stage of their tenure. Their ratings were:

-- George W. Bush, 86 percent
-- Bill Clinton, 52 percent
-- George H.W. Bush, 71 percent
-- Ronald Reagan, 49 percent
-- Jimmy Carter, 57 percent
-- Gerald Ford, 52 percent
-- Richard Nixon, 59 percent
-- Lyndon Johnson, 74 percent
-- John Kennedy, 77 percent
-- Dwight Eisenhower, 69 percent
-- Harry Truman, 49 percent

Anon2 said...

Caseyboy, you can count out Dumbya, since no other president before him or after had a 9/11. Ratings were high then. They would've been high for any other president if he/she would have served at that time.

Circumstances were completely different for all presidents about 1 year after the inauguration.

Talking about comparing apples to oranges.

Cons are apples but rotten to the core and at the core.

Here, read this again "Seventy-three percent say they disapprove of the way Mr. Bush has handled his job as president OVER THE LAST EIGHT YEARS."

History usually isn't wrong.

Anon2 said...

One more Con jumping ship:

http://www.huffingtonpost.com/2009/12/08/andrew-sullivan-talks-bec_n_384003.html

Andrew Sullivan has been straying from the right for quite a while, but he recently made his separation official, saying "To paraphrase Reagan, I didn't leave the conservative movement. It left me. And increasingly, I'm not alone."

On "The Joy Behar Show" last night, the host asked Sullivan if Glenn Beck and Rush Limbaugh, who are now two of the most powerful figures on the right wing, inspired his defection. "They're part of it," he replied. Regardless of whether or not you agree with President Obama's policies, Sullivan said, the president is a "thoroughly decent human being" and to hear Beck and Limbaugh call Obama a "racist" is "disgusting."

Behar agreed, but noted that Beck is a giant on cable news right now, drawing in a huge audience. Sullivan pushed back that ratings do not mean you have any actual ideas to put forth:

If you say the vilest things you will get big hits. But in the long run your credibility will decline.

If you believe in the real values of truth telling and moderation, and of balanced budgets -- I mean some of the things that Glenn Beckk believes in I really believe in. I believe, for example, that we need to cut spending dramatically in this country. Unlike Glenn Beck, I have some thoughts on how to do it.


Sullivan also had much to say about one of his favorite subjects: Sarah Palin. He went into detail explaining why he devoted so much coverage to the strange inconsistencies regarding the birth of her son Trig.

Would someone please make sense of this story for me? I mean, that's all I'm saying. I've read this book, I've gone out of my mind trying to understand the story. It does not make any sense. I believe in Judge Judy in a way. If it doesn't make sense, it isn't true.

Behar, despite Sullivan's earnest protests to the contrary, insisted that he seems to be turning into something of a 'lefty.' And to entice him to come fully aboard she got him a gift basket. Sullivan covered his face in mock horror as she unveiled gluten-free treats, a DVD of Michael Moore's "Sicko", and a copy of a Dixie Chicks CD, among other 'lefty' goodies. He did, however, have no problem accepting a DVD of "Cheech and Chong".

Anon2 said...

"If you say the vilest things you will get big hits. But in the long run your credibility will decline."

Caseyboy, you're vile allright. Nothing but personal attacks, just like your favorites, Beck, Limbaugh etc. LOL

You're not scoring high though, not even temporarily because you're a nobody.

Casey said...

Okay Old Hippie Woman, we get it. George Bush wasn't popular. Who is defending him? However, what is your excuse for all of the other facts? Even Jimmy Carter had higher approval ratings at this point in his presidency!
Get over it. If pointing back to Bush is the best that you can do, (in addition to calling me a boy. Oh, aren't you clever!)
that is really pathetic.

Casey said...

You're not scoring high though, not even temporarily because you're a nobody.--Anon2

Actually, you have no idea who I am, or what my background is, or what my education level is.

Caseyboy, you're vile allright. Nothing but personal attacks,--Anon2

Just turning the tables on you. As for personal attacks, go back and read some of your own words.

Anon2 said...

Dec 8, 2009:

Gallup's daily tracking poll today showed President Obama's approval rating at 50 percent"

Casey said...

Straw grasping...Okay, that makes his approval rating the 2nd to the last highest approval rating. Have it your way. Still not good....

RayGun said...

"Being a woman, what about the above is not to like?"
--
Case sweetums, have you ever had to support yourself with just the work you do? ie, no reliance on inheritance, husbands, etc, but only value created by thy own two hands?

RayGun said...

How can you cons stand next to the truth and not see it? Doesn't the truth blind you?

Casey said...

have you ever had to support yourself with just the work you do?---RG

RG, sweetie-kins, yes, of course I have, and do. Why would you ask something like that? I support myself rather well.

RayGun said...

"RG, sweetie-kins"
--
Well some women have the advantage of pretty skin.

So Casums, do you think its fair that your con brethren allow women to earn less money for the same work as con men?

Are you a single mother Casey?

RayGun said...

Casum:

I got a woman with plenty of money
She got the money and I got the honey
Called my baby late last night
She told me daddy everything was all right

She got the money and I got the honey
She got the money and I got the honey
She got the money and I got the honey

I don't have to worry about her she's real fine
I know my baby and she's all mine

RayGun said...

Casum, Are you a honey with plenty of money? Or are you real fine but broke?

RayGun said...

Caught out running
With just a little too much to hide
Maybe baby
Everything's gonna work out fine
Please read the letter
I pinned it to your door
It's crazy how it all turned out
We needed so much more

Too late, too late
A fool could read the signs
Maybe baby
You'd better check between the lines
Please read the letter, I
Wrote it in my sleep
With help and consultation from
The angels of the deep

Once I stood beside a well of many words
My house was full of rings and
Charms and pretty birds
Please understand me, my
Walls come falling down
There's nothing here that's left for you
But check with lost and found

Please read the letter that I wrote
Please read the letter that I wrote

One more song just before we go
Remember baby
All the things
We used to know
Please read my letter
And promise you'll keep
The secrets and the memories and
Cherish in the deep

Ah...

Please read the letter that I wrote

Have you ever read Cyder House Rules Casum?

Anon2 said...

If Palin had won? Erm... One can just imagine... The article below sums it all up. Racist Palin eh??? KKK comes to mind. However, I didn't expect anything else from her and her cons. Or could it be that she had a "seventh" sense that one day a man from Hawaii would be one day president?

http://www.huffingtonpost.com/2009/12/06/palins-father-she-left-ha_n_381724.html

Excerpt:

"Palin's Father: She Left Hawaii Because Asians Made Her Uncomfortable.

Palin, though notoriously ill-traveled outside the United States, did journey far to the first of the four colleges she attended, in Hawaii. She and a friend who went with her lasted only one semester. "Hawaii was a little too perfect," Palin writes. "Perpetual sunshine isn't necessarily conducive to serious academics for eighteen-year-old Alaska girls." Perhaps not. But Palin's father, Chuck Heath, gave a different account to Conroy and Walshe. According to him, the presence of so many Asians and Pacific Islanders made her uncomfortable: "They were a minority type thing and it wasn't glamorous, so she came home." In any case, Palin reports that she much preferred her last stop, the University of Idaho, "because it was much like Alaska yet still 'Outside.' "

Anon2 said...

"Palin reports that she much preferred her last stop, the University of Idaho, "because it was much like Alaska yet still 'Outside."

Huh? Idaho not part of the USA, her feeling as if she was in a different country?? lol

Best for her to stay in her home where she can see Russia (safely) from her house. Palin probably doesn't even know in which direction she would have to look to see Canada. lol

RayGun said...

a2, i agree, the road, i have been on it so long..

Casey said...

Have you ever read Cyder House Rules Casum?

Yes, I have. And no, I don't think that it is right to pay a woman less for the same work. I haven't really seen it in my line of work. I think alot of it is in the negotiation.
I am a single mother. don't depend on anyone bu me.

Brandon said...

The economist, John Maynard Keynes, showed that this is how you end a Depression in the 1930's, and this is how Obama just averted a new Depression in 2009.
-CJP

In Keyneseen economics, they dont account for risk! Printing money to depreciate the value of the dollar so you can borrow more money hurts everyone in the economy.

What do you think would happend to the economy if the government didnt remove the money in the first place?

CJP said...

Casey, maybe "what we are being taught in our schools" is "being taught in schools" because it is true.

Here is how author David Sirota explains it:

"On deeper examination, I discovered that the Right-Wing bases its New Deal revisionism on the short-lived recession in a year straddling 1937 and 1938. But that was four years into Roosevelt's term -- four years marked by spectacular economic growth.

Additionally, the fleeting decline happened not because of the New Deal's spending programs, but because Roosevelt momentarily listened to conservatives and backed off them. As Nobel-winning economist Paul Krugman notes, in 1937-38, FDR "was persuaded to balance the budget" and "cut spending and the economy went back down again."

To be sure, you can credibly argue that the New Deal had its share of problems. But overall, the numbers prove it helped -- rather than hurt -- the macroeconomy. "Excepting 1937-1938, unemployment fell each year of Roosevelt's first two terms [while] the U.S. economy grew at average annual growth rates of 9 percent to 10 percent," writes University of California historian Eric Rauchway.

According to Federal Reserve chairman Ben Bernanke, "Only with the New Deal's rehabilitation of the financial system in 1933-35 did the economy begin its slow emergence from the Great Depression." In fact, even famed conservative economist Milton Friedman admitted that the New Deal's Federal Deposit Insurance Corp. was "the structural change most conducive to monetary stability since ... the Civil War." "

Keep in mind that, from 1930 through 1933, unemployment levels were at 25%. When, some years later, FDR's policies had succeeded in reducing unemployment to 10%, it certainly felt to most Americans that "happy days were here again".

World War II may have brought prosperity to this country, but FDR's policies certainly pulled us out of the Great Depression.

RayGun said...

"I am a single mother. don't depend on anyone bu me."
--
Don't you deserve a fair shake Casey? Why should women only make 3/4s of what a man does for the same exact job? Shouldn't there be laws saying you are equal and deserve equal pay?

Casey said...

According to Federal Reserve chairman Ben Bernanke, "Only with the New Deal's rehabilitation of the financial system in 1933-35 did the economy begin its slow emergence from the Great Depression."--CJP

OMG! I can't believe you would use this as expertise! What about UCLA? (they have been studying this. NON PARTISAN

Brandon said...

"Don't you deserve a fair shake Casey? Why should women only make 3/4s of what a man does for the same exact job? Shouldn't there be laws saying you are equal and deserve equal pay?"
-Raygun

Why the hell should we create a law regulating the pay of women? Most women are limited in there physical strength compared to men, thus they get paid less in certain jobs. Women are not less able to get educated and earn equal pay in a profession.

RayGun said...

"Most women are limited in there physical strength compared to men, thus they get paid less in certain jobs."
--
Hispanic women only make about half of what men make. So Hispanic women are weaker than white women?

Let's do an evil study then, put it to rest as why there are such big differences.

Brandon said...

"Hispanic women only make about half of what men make. So Hispanic women are weaker than white women?

Let's do an evil study then, put it to rest as why there are such big differences."
-Raygun

I would love to see a study on that! The problem is that most scientists are liberals and most liberals are afraid of the race issue.
My guess, to your question, is that hispanic women have different values and abilities than white women.
An example could be that hispanics women maybe stay home with their families more rather than working.