Should the republicans take both houses will it lead to a 2nd great depression?

[TwixVoy]

Simple hypothetical question - Should the republicans take both the house and senate this November will it lead to a 2nd great economic depression?

[Taverner]

1. Yep. See Herbert Hoover

[LiberalArkie]

2. Probably, but it will be the Democratic parties fault.

And will probably be the death of Social Security, college loans, SBA and others. It may be just like before the Roosevelt administration.

But it will then lead to the great Liberal revival.

[golddigger]

3. Yep! My first great depression...

was when Bush was selected. My 2nd great depression would happen if this scenario would occur.

[no_hypocrisy]

4. Potentially.

The banks (both conventional and Wall Street) will run wild with their "products", executives' bonuses, and won't be held accountable. Watch how fast republicans give them stimulus this time.

More business will be exported out of this country. Think in terms of unemployment rates of 25+ %.

At least one home on your block will be in foreclosure.

You don't want to imagine the republicans in the majority of both Houses. Especially a majority to override a presidential veto.

[Township75]

5. It will lead to armageddon

your eyes will be plucked out and spit on, your genitals will be smashed, and you will feel the lash of a thousand whips and then you will be fired.
And a republican will be laughing as he bathes in oil, eats a pig raw, whipes himself clean with $1000 bills, and lets loose an evil laugh.
This is what will happen if they win both houses!

[newspeak]

6. I believe it will

and they'll sell more of the country off to the highest bidder. We'll be the new "banana republic" and after the supreme court ruling on allowing corporations (foreign influence) freely donate to elections (most go for those who toe the corporate line-forget about the well-being of people), this country will be toast.

And the truly clueless, like the teabaggers, will still eat the swill. Because their corporate masters can easily convince them that it's always some other persons fault-the mexicans, the poor, the freeloaders, the ill, the elderly. As long as they aren't in that group, there is always someone to scapegoat to keep the monied safe.

[old mark]

7. I think the economic damage they could do - while great - would be secondary to the

damage to the Constitution and the country in general. We have not yet scraped the surface of the damage of 8 years of the Bush regime - another 8 years of 'publican "leadership", especially with the current GOP "leaders" would be a disaster that might end the country.

mark

[Bozita]

8. How many GOPers as majority party would vote against repealing the minimum wage?

The crazies have already made minimum wage part of the discussion.

I'm betting it's zero.

The teabagger wing of the GOP would get its way.

And America would be on its way to the All New And Improved Dark Ages.

[DemocratSinceBirth]

9. Obama Still Has Veto Power

~

[Bozita]

13. Those Citizens United-inspired groups will be looking to change that.

Will it cost 'em $3billion? Six? Ten? Will the amount matter?

If they can buy House and Senate seats for nutball Teabaggers, they can buy the Presidency.

[Initech]

10. That's exactly why the teabaggers scare me.

If elected they'll repeal the minimum wage, every single tax they can think of, and do more damage to the economy than was ever possible. The "South Park" underpants gnomes theory works perfectly with the teabaggers.

Step 1: Get elected to office
Step 2: ?
Step 3: Profit!!!

[DemocratSinceBirth]

12. How Are They Going To Override A Presidential Veto?

~

[Bozita]

14. The old-fashioned way. They'll simply buy it.

It'll be Nobama in '12.

[DemocratSinceBirth]

15. Buy What

Buy Obama's veto or lack of exercise of one?

[Bozita]

16. the Presidency in two more years

Got my feet tangled in this thread. See reply #13 above.

[EC]

19. Many of the GOPers are already going along with the

tea people haven't they? More and more of them are going along to get along with the primary voters - they don't want to lose their jobs...so yes, they'll vote to eliminate minimum wage, overtime, unions etc...any thing to lower labor costs...of course then they won't have enough $$$'s in the system to supply them with cpmsumers...Tom DeLay already said that the Marianna Islands was the work model that the United States should be working for and he's mainstream to them...so yeah, the GOPers have been working toward this for years and chipping at it for years...

[rustyd55]

11. yes

I don't think people realize how bad it will be and it is so simple to see.There will be many more billionaires and upper middle class will join us in poverty.They will tax all the things that hurt poor people like gas oil cigarettes etc.And they will keep cutting unions and outsourcing the jobs out of country.They will get people working for 8.00 an hour and call themselves heroes.We will see these people working at wal-mart in soup kitchens after work for 30 hours work A week just pays the rent if they are lucky.It will get ugly if they get elected.We need Joe Hill back.

[andym]

17. Only if they follow by taking the presidency in 2012

Then their trickle-down economics and anti-government, anti-corporate regulation sentiment will cause tremendous problems, as they systemically reduce public sector jobs and replace them with more expensive inefficient outsourced private sector jobs. In effect, reducing economic activity in the USA.

[Statistical]

18. No. They won't have the ability to override Obama veto.

They can do a lot of damage but not enough for a depression. Private sector has job growth for 9 months now.

They can prolonger the downturn. They can add to the suffering.

[TexasObserver]

20. It's not outside the realm of possibility.

While the New Deal didn't end the Great Depression, it certainly attenuated some of the more lethal effects. The New Deal kept America alive until the war helped pull the country out of the abyss. Without the New Deal, America and her poor would have collapsed into chaos, and anarchy would have likely followed.

Republicans tried to kill the New Deal, and came close to doing so several times aided and abetted by a GOP controlled Supreme Court.

[DemReadingDU]

21. We're heading for depression anyway

When the global financial Ponzi implodes, the whole world will be affected. Whether the republicans take both houses, or not, the depression is coming.

[TexasObserver]

22. No, we aren't.

Reminds me of that song they used to play on Hee Haw: "Gloom, Despair, and Agony on Me"

http://www.youtube.com/watch?v=FQ5ob9B9yD4

[tblue37]

23. Almost inevitaby. nt

[ananda]

24. You mean a much worse 2nd Great Depression!

nt

[marmar]

25. Maybe Dems aren't fighting that vigorously because they know it's already coming.....

:tinfoilhat:

[The Uncola]

26. Seems very likely to me.

And what's even more sad, is that it's probably exactly what it is going to take before we'll wake up and take our Nation back. Corporate greed for power has corrupted our government and BOTH major political parties, to the point that the future could be VERY bleak, followed by some ugly violence.