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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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How would that end the depression? You should stop thinking of an economic downturn as numbers on a tally sheet and instead think of something physical like a standard of living. Could you explain to me how nations buying guns reinvigorated. the economy? |
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Dudemanguy ![]() Forum Groupie ![]() ![]() Joined: November 14 2011 Location: In the closet Status: Offline Points: 89 |
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An economic downturn is exactly that, numbers on a tally sheet. It's a significant drop in production or spending in a country that can be caused by various things. Of course, a fast growing economy is not always a good thing. Mexico and China have some of the largest economies in the world, but both countries suffer massive poverty and income inequality. In the case of WWII, America's industries suddenly started working again to produce guns, ammunition, etc. for the war effort. So suddenly, there were millions of jobs available and people actually had money to buy things with. Obviously, this is a mobilized economy (AKA one built around war) and it is far from ideal or something you actually want. However, the unemployment dramatically dropped and spending dramatically rose causing a great increase in GDP meaning a huge upturn in the economy. |
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King Crimson776 ![]() Forum Senior Member ![]() ![]() Joined: October 12 2007 Location: United States Status: Offline Points: 2779 |
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Isn't getting involved in a war just as much an act of government as any public works project that FDR proposed? It seems like that might be why you two are disagreeing now.
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manofmystery ![]() Forum Senior Member ![]() ![]() Joined: January 26 2008 Location: PA, USA Status: Offline Points: 4335 |
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Oh boy! An opportunity to post my favorite music video, of this past year, again:
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![]() Time always wins. |
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JJLehto ![]() Prog Reviewer ![]() Joined: April 05 2006 Location: Tallahassee, FL Status: Offline Points: 34550 |
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I'd say even more so! |
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Gamemako ![]() Forum Senior Member ![]() ![]() Joined: March 31 2006 Location: United States Status: Offline Points: 1184 |
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I can, I can! People have enormous faith that a government will pay back debts (hence, why the government could borrow money for free earlier this year). When a government takes out that faith and has people start making goods (guns, in this case), there are jobs to be had making the guns, and money from that task goes back into the economy. Of course, it was probably at least as helpful that the government started employing a massive number of people itself. |
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Hail Eris!
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JJLehto ![]() Prog Reviewer ![]() Joined: April 05 2006 Location: Tallahassee, FL Status: Offline Points: 34550 |
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I could see how it jump started the economy. I mean....it put much of the population to work
![]() That's pretty simple. And as someone said, there ARE of course all the soldier returning home and entering the economy again. Before you guys get all flippy just stating the fact it DID put people to work, even if most of them were working for the state, in a round about way. It's not like other governments didn't use war/build up to help their economies. The most glaring example was Nazi Germany... Just being "that guy" I in no way shape or form advocate starting a massive war to try and end our current financial situation of course. Edited by JJLehto - December 16 2011 at 18:56 |
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Dudemanguy ![]() Forum Groupie ![]() ![]() Joined: November 14 2011 Location: In the closet Status: Offline Points: 89 |
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Of course, it's certainly not a good thing to go to war to reboot your economy. I never said that, all I said was that war essentially ended the Great Depression. |
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Slartibartfast ![]() Collaborator ![]() ![]() Honorary Collaborator / In Memoriam Joined: April 29 2006 Location: Atlantais Status: Offline Points: 29630 |
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Actually it could have been ended sooner but FDR cut back on the stimulus spending. WWII did reboot the economy in several ways. 1. People on the home front going to work making things that were frequently destroyed in the war so more things had to be made and they got paid for the work. 2. The destruction of workers. Less workers chasing fewer jobs. 3. GI Bill: guys coming back from war were given a government ticket to upward mobility largely driving the build up of the middle class that made the '50's such a wonderful time economically for some. Edited by Slartibartfast - December 16 2011 at 19:35 |
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Released date are often when it it impacted you but recorded dates are when it really happened...
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JJLehto ![]() Prog Reviewer ![]() Joined: April 05 2006 Location: Tallahassee, FL Status: Offline Points: 34550 |
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Oh hell, libertarian sh*t storm coming *takes cover* |
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stonebeard ![]() Forum Senior Member ![]() ![]() Joined: May 27 2005 Location: NE Indiana Status: Offline Points: 28057 |
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I don't really see why this Slart quote would get any more hoopla than another one. To be fair, that is normally a lot of hoopla.
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JJLehto ![]() Prog Reviewer ![]() Joined: April 05 2006 Location: Tallahassee, FL Status: Offline Points: 34550 |
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The new deal, perhaps the greatest example of big guvment, how FDR cutting back on it prolonged the depression?
I imagine Pat is strangling his heart as I type! You don't usually cause the hoopla though drewbeard heh hoopla! |
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JJLehto ![]() Prog Reviewer ![]() Joined: April 05 2006 Location: Tallahassee, FL Status: Offline Points: 34550 |
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Is this thread meeting it's demise, or was David's comment seen as offensive?
![]() edit: erm ok. Well, to what he was saying, what would've happened in Europe without US involvement in WW2? I would agree 100% with "it would've been a much longer conflict and the bolsheviks would be much larger" Stalin was a realist and if anyone thinks he didn't want land and an empire like the others.....sadly mistaken. I am sure he would've gone for Western Europe. Also, the idea of communism was to over throw the entire capitalist system. I have no doubt he would've tried. Maybe an unpopular answer here, but I do think WW2 was the one war that justified involvement, whichever way you want to look at it. Not that it would be a good thing...even if necessary and justified. Edited by JJLehto - December 16 2011 at 20:52 |
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horsewithteeth11 ![]() Prog Reviewer ![]() ![]() Joined: January 09 2008 Location: Kentucky Status: Offline Points: 24598 |
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It's not dying yet. I just decided against commenting on another post for a resolved topic. Especially not since we're on a new, more interesting topic.
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JJLehto ![]() Prog Reviewer ![]() Joined: April 05 2006 Location: Tallahassee, FL Status: Offline Points: 34550 |
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o whoops! Well I commented ![]() |
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horsewithteeth11 ![]() Prog Reviewer ![]() ![]() Joined: January 09 2008 Location: Kentucky Status: Offline Points: 24598 |
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You did. And now I'm commenting and extending this quote pyramid. It's all your fault! <.< |
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JJLehto ![]() Prog Reviewer ![]() Joined: April 05 2006 Location: Tallahassee, FL Status: Offline Points: 34550 |
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Oi that has nothing to do with anything though >_>
I was also hoping to start the next thread for grand irony. Libertarian Thread 3: Baby you're like a marxist society, no class! <_< Edited by JJLehto - December 16 2011 at 21:26 |
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Padraic ![]() Special Collaborator ![]() ![]() Honorary Collaborator Joined: February 16 2006 Location: Pennsylvania Status: Offline Points: 31169 |
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o.O
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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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You do not not believe that the actual production and consumption matters, only the numeric values of purchases we label those words? |
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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Equality 7-2521 ![]() Forum Senior Member ![]() ![]() Joined: August 11 2005 Location: Philly Status: Offline Points: 15784 |
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As much as I disagree with public works projects, I'm not going to compare them to something like the firebombing of Dresden. This is absurd. |
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"One had to be a Newton to notice that the moon is falling, when everyone sees that it doesn't fall. "
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