edhopper
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Mon Jul-11-11 06:35 PM
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FDR's actions helped, Hoover's were disastrous. |
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So why is Obama following Hoover and rejecting FDR?
You cannot shrink your economy out of a recession!
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MNBrewer
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Mon Jul-11-11 06:37 PM
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1. Obama is spitting on FDR's grave. |
edhopper
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Mon Jul-11-11 06:40 PM
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2. I thought he was smarter. |
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he is following policies that are obviously the wrong way to go, and joining in with the GOP on the theme that deficits are the most important thing right now. They are not.
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StarsInHerHair
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Mon Jul-11-11 06:56 PM
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3. he's 1 of them, it's DOGMA not intelligence, HOOVERISM ALWAYS INCURS |
Hydra
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Mon Jul-11-11 07:03 PM
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The powers that be felt safe in putting him in office. He "stabbed them in the back" by fixing capitalism...I really wish he hadn't, but spilled milk...
The original plan was to crash the system and consolidate it all in the hands of the robber barons.
80 Years later...they're back!
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andym
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Mon Jul-11-11 07:47 PM
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5. He's doing FDR circa 1937 |
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Fiscal tightening in 1937 on FDR's instructions sent the economy into a relapseOne of FDR's worst decisions.
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edhopper
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Tue Jul-12-11 08:11 AM
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But again, also following past failed policies. Why?
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andym
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Wed Jul-13-11 11:33 AM
Response to Reply #7 |
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Edited on Wed Jul-13-11 11:35 AM by andym
He doesn't completely understand how the economy works. FDR stopped listening to Keynes (who only corresponded informally with FDR), and Obama listens to economists who believe a post-modern mixture of economic theories (and seem to undervalue Keynesian economics somewhat).
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fascisthunter
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Mon Jul-11-11 07:48 PM
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6. Good Question... Maybe a Real Journalist will Ask Him |
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that is if they are allowed to....
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Fri Apr 19th 2024, 05:15 PM
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