StreetScooby 5 #1 March 2, 2009 One of the things that concerns me alot these days is the lack of agreement on whether the New Deal eliminated the Great Depression or not. By now, there should be plenty of data, and and what that data meant. From this article by Gordon Brown: http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article5821821.ece Quote I believe there is no challenge so great or so difficult that it cannot be overcome by America, Britain and the world working together. That is why President Obama and I will discuss this week a global new deal, whose impact can stretch from the villages of Africa to reforming the financial institutions of London and New York– and giving security to the hard-working families in every country. This is serious. If these guys can't define the problem properly, there solutions are not going to work. Comments?We are all engines of karma Quote Share this post Link to post Share on other sites
Capt.Slog 0 #2 March 2, 2009 QuoteOne of the things that concerns me alot these days is the lack of agreement on whether the New Deal eliminated the Great Depression or not. By now, there should be plenty of data, and and what that data meant. From this article by Gordon Brown: http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article5821821.ece Quote I believe there is no challenge so great or so difficult that it cannot be overcome by America, Britain and the world working together. That is why President Obama and I will discuss this week a global new deal, whose impact can stretch from the villages of Africa to reforming the financial institutions of London and New York– and giving security to the hard-working families in every country. This is serious. If these guys can't define the problem properly, there solutions are not going to work. Comments? You went from "lack of agreement" to "can't define the problem" in a flash. Maybe they have defined the problem correctly, and the New Deal naysayers are wrong. Quote Share this post Link to post Share on other sites
lawrocket 3 #3 March 2, 2009 What is even better is that people seem to think that this is like 1932. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
marks2065 0 #4 March 2, 2009 QuoteOne of the things that concerns me alot these days is the lack of agreement on whether the New Deal eliminated the Great Depression or not. By now, there should be plenty of data, and and what that data meant. From this article by Gordon Brown: http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article5821821.ece Quote I believe there is no challenge so great or so difficult that it cannot be overcome by America, Britain and the world working together. That is why President Obama and I will discuss this week a global new deal, whose impact can stretch from the villages of Africa to reforming the financial institutions of London and New York– and giving security to the hard-working families in every country. This is serious. If these guys can't define the problem properly, there solutions are not going to work. Comments? the new deal didn't work in 1932 what makes them think it will work now ? Quote Share this post Link to post Share on other sites
jcd11235 0 #5 March 2, 2009 Quotethe new deal didn't work in 1932 what makes them think it will work now ? Me: I'll take Moronic Assertions for $200 please, Alex. Alex: We didn't really land on the moon in 1969; The Holocaust never actually happened (and Hitler was a swell guy that just never got a break from the liberal media); The New Deal didn't work. Me: What are incorrect claims made by tin-foil hatters? Alex: Correct. We also would have accepted "incorrect claims made by people who lack an accurate understanding of history." Pick again.Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
StreetScooby 5 #6 March 2, 2009 Are you an economist by training?We are all engines of karma Quote Share this post Link to post Share on other sites
jcd11235 0 #7 March 2, 2009 QuoteAre you an economist by training? Close, but not quite. My area of study is closely related, but requires far more mathematics. (Of course, an economist without a strong mathematics background is nothing but a politician.)Math tutoring available. Only $6! per hour! First lesson: Factorials! Quote Share this post Link to post Share on other sites
Andrewwhyte 1 #8 March 2, 2009 QuoteQuoteAre you an economist by training? Close, but not quite. My area of study is closely related, but requires far more mathematics. (Of course, an economist without a strong mathematics background is nothing but a politician.) ,.. and a mathematician who does not fully understand the assumptions and corresponding limitations to both strength and robustness of economic models will often come to strong conclusions that are not justified by strength of the premises. Quote Share this post Link to post Share on other sites
StreetScooby 5 #9 March 2, 2009 So, liberal economists say the New Deal saved us, while conservative economists say it didn't (...it was really WWII). Is there any way to gain insight into this without doing a doctoral thesis in economics?We are all engines of karma Quote Share this post Link to post Share on other sites
chuckakers 426 #10 March 2, 2009 Quote Quote the new deal didn't work in 1932 what makes them think it will work now ? Me: I'll take Moronic Assertions for $200 please, Alex. Alex: We didn't really land on the moon in 1969; The Holocaust never actually happened (and Hitler was a swell guy that just never got a break from the liberal media); The New Deal didn't work. Me: What are incorrect claims made by tin-foil hatters? Alex: Correct. We also would have accepted "incorrect claims made by people who lack an accurate understanding of history." Pick again. Gimme "how WWII pulled the U.S. from a depression" for $500.Chuck Akers D-10855 Houston, TX Quote Share this post Link to post Share on other sites
wmw999 2,589 #11 March 2, 2009 QuoteGimme "how WWII pulled the U.S. from a depression" for $500.And I'll take "there was more than one cause, and more than one cure, for the great depressino" for 1000 devalued dollars Wendy W.There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown) Quote Share this post Link to post Share on other sites
marks2065 0 #12 March 2, 2009 QuoteQuotethe new deal didn't work in 1932 what makes them think it will work now ? Me: I'll take Moronic Assertions for $200 please, Alex. Alex: We didn't really land on the moon in 1969; The Holocaust never actually happened (and Hitler was a swell guy that just never got a break from the liberal media); The New Deal didn't work. Me: What are incorrect claims made by tin-foil hatters? Alex: Correct. We also would have accepted "incorrect claims made by people who lack an accurate understanding of history." Pick again. proven that the new deal didn't work. the unemployment rate had decreased about 10% during FDR's first term but had gone back up 5% and was climing during his second term until the build up started for the war. Quote Share this post Link to post Share on other sites
