My God, what did I JUST SAY in my last post. That's my opinion, not an argument, I have a right to have it. I was merely referencing the popularity of his decisions. Drop it.
Hey seriously you have a right to say whatever you want but if you post your opinions then they're free for all. You are no one, you don't get to dictate whether people respond to your posts or not. Call a mod or something. Until then I will respond to your posts.
If you don't want to discuss, then don't post. Especially dumb **** that you refuse to quantify. What did you mean by Bush getting things done? You brought it up, it interests me!
It was NOT meant to spark discussion.
So I take it that you have nothing to add to the discussion and and merely spamming for... no postcount?
The people who lose their homes are the people who should not have been able to get a loan to get those homes in the first place. They brought this on themselves.
what the **** is wrong with you
Usually those who loan money are not the same people giving out the loan, so accusing people with low credit rating of getting loans that the banks marketed to them is hypocritical. Yeah, people are stupid and take out loans they cannot pay back, but what on earth causes banks and other financial institutions to think that subprime loans are a good thing?
An entire lifestyle built around housing, the entire residential economic scene built around loans backed by estate, aggressive marketing, a goddamn nation on a credit, and when it fails, well, **** the poor I got mine.
Of course there have been large public investations, but they don't have a track record of working very well. Don't feed me any BS that the New Deal was what helped us out of the depression. All it did was pay people to do stuff like make parks and spend gov't money. What helped us out of the Great Depression was the entrance into WWII and the patriotic fervor that lead millions of peolpe to volunteer for jobs they would not otherwise have volunteered for, and that weren't there before the war began.
Yes, the economic scene of the world is wrong and you are right, New Deal did no jack. Prove your statement. I mean, if the US GDP only grew 43,4% from 1933 to 1937 and 104% from 1938 to 1944, it's pretty damn difficult to argue that A) the world war 2 didn't cause anything BUT as well that B) that ND didn't cause anything either.
Stimulus plans don't work. They haven't yet, and they aren't going to.
I can go to the goddamn wikipedia and find out this:
Economists such as Nobel Prize winner Joseph Stiglitz,[7] Martin Feldstein, Daron Acemoglu, Larry Summers and Nobel Prize winner Paul Krugman[8] favor large economic stimulus to counter the economic downturn. Some economists, such as Stiglitz and Krugman favor a much larger measure. While in favor of a stimulus package, Feldstein expressed concern over the act as written, saying it needs revision to address consumer spending and unemployment more directly[9].
This would that at least some people think that the current reincarnation of "stimulus package" works. I bet you can find people who disagree with them!
Government spending during times of economic recession has often skyrocketed. This is pretty standard Keynesian theory. What is a stimulus package anyways? Increased government spending during economic downturn? That has been a standard for the last... 50 years?