Quote:
Originally Posted by Pleasurepays
i guess you are assuming that dumping 1 trillion dollars we don't have into a wide range of miscellaneous bullshit is going to somehow make a massive difference faster than the economy could recover on its own, you might see things differently. history has nothing to do with today, today's global economy, today's global financial markets. if we were a still a world full of button factories and shoe factories it would be different.. that's not the case anymore.... or if you want to argue that WWII - where endless dollars was pumped DIRECTLY into factories/production is somehow comparable to today's plan, you might want to rethink that as well.
it can also be argued that the "Great Society" did a great deal more harm in the long run.
otherwise, i was simply saying that economies recover... pure and simple.. you are arguing about the cost vs benefit which you can't argue because you really don't know any more than i do. but at the end of the day, people still consume and will consume - there will be jobs and there will be an economy and it will recover just as it does from any recession.
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See what I mean Libertine?
Since you challenged his version of history, he wouldn't admit to being wrong about the violence and chaos of the Great Depression or that he was wrong that the market reset itself and recovered on it's own.....instead he changed the subject to how things are different today and then went off on a bunch of different tangents.....all the while never admitting he was wrong before or that he didn't know what he was talking about.
My suggestion is, if you have some time to kill, try pissing into a fan or spitting into the wind, those activities will be more productive uses of your time.