Kurt_and_Hunter
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Sun Feb-22-09 11:38 PM
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February 1942: FDR announces plan to halve deficit in 4 years |
tritsofme
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Sun Feb-22-09 11:40 PM
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1. FDR tried to cut spending and balance the budget in the late 30s IIRC. |
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Pushed the nation right back into recession.
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DJ13
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Sun Feb-22-09 11:44 PM
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3. FDR was listening to the Republicans |
Captain Hilts
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Sun Feb-22-09 11:47 PM
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Clio the Leo
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Sun Feb-22-09 11:42 PM
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2. Yeah cause 1942 was the PERFECT opportunity to cut back on defense spending. ;-) NT |
AllentownJake
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Sun Feb-22-09 11:46 PM
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4. This isn't exactly 1929 |
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Edited on Sun Feb-22-09 11:47 PM by AllentownJake
There are comparisons but in reality we are actually in worst shape due to the threat of hyper-inflation because of the mismanagement of the FED the past 30 years than we were during the Great Depression.
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depakid
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Mon Feb-23-09 12:16 AM
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7. errr.... the risk is DEFLATION |
gristy
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Mon Feb-23-09 12:56 AM
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8. Deflation in the short term |
Captain Hilts
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Sun Feb-22-09 11:47 PM
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6. I 'got' it and I don't 'get' it either. nt |
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Tue May 14th 2024, 12:43 AM
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