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avfc41
Lv 5
avfc41 asked in Politics & GovernmentPolitics · 1 decade ago

Have Republitards ever heard of the New Deal?

Obama's stimulus package is basically the New Deal for the 21st century. The New Deal pulled us out of the depression, and Democrats were rewarded by being the dominant party for a generation. Are Republican'ts stupid enough that they don't realize it's happening again? Enjoy being the minority (again)!

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  • Anonymous
    1 decade ago
    Favorite Answer

    Can't demoturds realize when a deal is sour, New or Old?

  • 1 decade ago

    According to Gene Smiley, "a number of economists" believe the New Deal delayed economic recovery.[55] A 1995 survey of economic historians asked whether "Taken as a whole, government policies of the New Deal served to lengthen and deepen the Great Depression." Of those in economics departments 27% agreed, 22% agreed 'with provisos' (what provisos the survey does not state) and 51% disagreed. Of those in history departments, only 27% agreed and 73% disagreed.[56]

    UCLA economists Harold L. Cole and Lee E. Ohanian are among those who believe the New Deal caused the Depression to persist longer than it would otherwise have, concluding in a study that the "New Deal labor and industrial policies did not lift the economy out of the Depression as President Roosevelt and his economic planners had hoped," but that the "New Deal policies are an important contributing factor to the persistence of the Great Depression." They claim that the New Deal "cartelization policies are a key factor behind the weak recovery." They say that the "abandonment of these policies coincided with the strong economic recovery of the 1940s."[57] Cole and Ohanian claimed that FDR's policies prolonged the Depression by 7 years. [58]

    Lowell E. Gallaway and Richard K. Vedder argue that the "Great Depression was very significantly prolonged in both its duration and its magnitude by the impact of New Deal programs." They suggest that without Social Security, work relief, unemployment insurance, mandatory minimum wages, and without special government-granted privileges for labor unions, business would have hired more workers and the unemployment rate during the New Deal years would have been 6.7% instead of 17.2%.[59]

    Public opinion polls in March and May 1939 asked whether the attitude of the Roosevelt administration toward business was delaying recovery, and 54 and 53 percent, respectively, said yes while 26 and 31 percent said no. Fifty-six percent believed that in ten years there would be more government control of business while only 22 percent thought there would be less. Sixty-five percent of executives surveyed thought that the Roosevelt administration policies had so affected business confidence that the recovery had been seriously held back.[60]

  • 1 decade ago

    Your knowledge of history is ... lacking to say the least. The New Deal actually prolonged the Great Depression by several years by instituting government intervention into areas, which should have been allowed to develop naturally. It was only WWII that ended the depression. The New Deal only prolonged it.

    In case you didn't know, we have a current Federal Unfunded Mandate of 65 TRILLION dollars. That's more than the combined GDP of the entire world. This is money we owe as taxpayers. Obama's spending plan added an additional 3.275 trillion to that. The 780 billion combined with the TARP program (both written by Geithner) will add a combined 8 trillion dollars to our Unfunded Federal Mandate.

    So let me ask you a question. Lets say you are an adult and you own your home and your car free and clear due to hard work, ok? Someone comes along and says, I think you should give me half of what you own because I am less fortunate than you, and I am going to get the government to force you to do so. But, you have no cash to give him so you have to borrow against your future earnings to give this bum half of your equity that you own. Now you no longer own your home or your car and in fact, you have to make payments on it, on which if you default, the bank will reposess your property. The bum who got your money is living it up on your cash. Welcome to America under Obama (or Bush for that matter).

    Government spending programs are designed to do one thing and one thing only. To take money from one group of people and to give it to another (undeserving) group of people for no reason other than the politicians' whim.

  • Curtis
    Lv 6
    1 decade ago

    The new deal did not help a things for 10 years till the country went to war.

    But what the New Deal did do, is increase the size of government, and increase dependency on the government, and increase the taxes the achievers must pay to the government, just as Obama is doing today.

    And you are falling for it all over again, because you are not an achiever.

    Name calling is a classic sign of ignorance.

    But you are a good example of the liberal mentality.

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  • 1 decade ago

    YES! And, wasn't the "new deal" supposed to be temporary?

    Well, we still have bank regulation, we still have social security (which is failing), we still have deficit spending (which is failing)... all parts of the "new deal"...

    So, you think this "new deal" is better somehow?

    FDR's policies (as a matter of proven fact) caused the recession (known as the "Great Depression") to become worse... America was saved by our entrance into World War 2, NOT the social policies of FDR.

    STUDY!

  • Anonymous
    1 decade ago

    I find it difficult to believe that FDR would have borrowed at all if the nation already had over $10 trillion in debt. At the time of the New Deal, we had very little debt.

  • 1 decade ago

    We didn't come out of the depression until World War 2. What were we doing during most of World War 2? SELLING WEAPONS.

    The New Deal did NOT WORK.

  • phil
    Lv 7
    1 decade ago

    have you ever heard of reality,the new deal did not pull us out of the depression,it just drove us deeper in debt,world war 2 is what changed our country,besides all the military spending all the lives lost made a huge dent in the number of people that were unemployed after wards

  • 1 decade ago

    The new deal prolonged the depression

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