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Newsgroups: alt.fan.rush-limbaugh, alt.politics.economics, alt.politics.republicans, alt.politics.usa, sci.econ
From: Bret Cahill <Bret_E_Cah...@yahoo.com>
Date: Tue, 8 May 2012 16:38:41 -0700 (PDT)
Local: Tues, May 8 2012 7:38 pm
Subject: Re: Disasters
> > FDR relied on WW2 to I prove production and lower unemployment. Look for
It works even better if you omit "2" and let them do their own
> > something similar when civil unrest builds. > Right.
> First FDR drafted all the unemployed men into the military
> They were no longer unemployed!
> Next FDR had factories built which employed women and 4Fs.
> They produced goods, weapons, explosives, tanks, ship, etc.
> This stuff didn't have to be sold.
> They put on ships and sent it to Europe and the Far East.
> Some got sunk by German submarines, some got blown up in battle.
> How did we pay for it?
> We raised taxes and borrowed every nickel of the money needed.
> America prospered!
> America's standard of living actually improved during WWII.
> So how do we apply the lesson learned during WWII?
> 1. Do all the things that FDR did.
Keynesian spending. > (I intend this to be a humorous attack on austerity)
What's interesting is that many still believe # 2 got the economy
going, as though stacking up bodies has a beneficial effect other than a brisk business for morticians. That's partly why the U.S. got into so many dumb quagmires since WWII.
> (Austerity does the opposite of what FDR did. Austerity CREATES
Bret Cahill
> unemployment) You must Sign in before you can post messages.
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