I thought that if you learned history it won't repeat it's self. If that is the case how did they fix the depression and why are we headed to another one?Answer Question
Asked by Anonymous at 3:59 AM on Jan. 26, 2009 in Politics & Current Events
Answer by megmckn at 4:00 AM on Jan. 26, 2009
Answer by Anonymous at 5:23 AM on Jan. 26, 2009
Answer by NotPanicking at 7:49 AM on Jan. 26, 2009
Answer by beckcorc at 7:59 AM on Jan. 26, 2009
Answer by mustbeGRACE at 8:03 AM on Jan. 26, 2009
NotPanicking, I totally agree. And the media isn't a help either. They put out all of this hype about unemployment and get the people all riled up and freaking out. Then they have a story about a trillion dollar 'stimulus' package, and the masses agree to something like this because a bad plan is better than no plan. And we expect government to have the answers to these things. Unfortunately, they don't have the answers. They use the panic stricken masses to pass their bad legislation loaded with pork.
Answer by QuinnMae at 9:08 AM on Jan. 26, 2009
Answer by NotPanicking at 9:22 AM on Jan. 26, 2009
I wonder if people realize what the unemployment rate was during the great one? We are nowhere near that, not even near what it was with Carter in office. But the MSM make it sound like we are on the cusp of the depression. I think it's possible that we can get there again, but not if people stand up and start taking their futures in their own hands. We all have talents that can help our neighbors. Gosh, I think I might get out and start organizing my community. Seriously. Doing something is better than sitting around and waiting for someone else to do something.
Answer by QuinnMae at 9:27 AM on Jan. 26, 2009
Answer by momtokate at 10:36 AM on Jan. 26, 2009
The New Deal prolonged the Depression
Vice chair of UCLA’s Department of Economics. “We found that a relapse isn’t likely unless lawmakers gum up a recovery with ill-conceived stimulus policies.”
Hrmmmm. Is history repeating itself?
Answer by grlygrlz2 at 11:25 AM on Jan. 26, 2009