Paulson Doesnt Know What He is Doing.

Discussion in 'Free Speech Alley' started by LSUMASTERMIND, Nov 12, 2008.

Page 4 of 4
  1. TheDude

    TheDude I'm calmer than you.

    Joined:
    Oct 8, 2006
    Messages:
    4,439
    Likes Received:
    717
    And which candidate/party was supported by the unions? And what new union proposition is supported by that same candidate/party?

    I think that would be the "card check".

    http://en.wikipedia.org/wiki/Card_check

    Looks like the soon to be passed "card check" should be able to get those bama car manufacturers in line with Detroit union-run manufacturers.....as in bankrupt and ready to shut down. Before you know it, maybe no cars will be produced in America. So how many groups is Obama beholden to?
     
    TheDude, Nov 14, 2008
    #31
  2. islstl

    islstl Playoff committee is a group of great football men Staff Member

    Joined:
    Nov 25, 2003
    Messages:
    46,115
    Likes Received:
    9,705
    The New Deal had very little impact on the great depression as the United States only came out of it due an economy bolstered by the onset of WWII.

    Unemployment was at 19 percent in 1938, more than 5 years after this "New Deal".

    I doubt seriously anyone can say welfare programs and Social Security have been an overwhelming success in this country.
     
    islstl, Nov 15, 2008
    #32
  3. red55

    red55 curmudgeon Staff Member

    Joined:
    Oct 21, 2002
    Messages:
    45,195
    Likes Received:
    8,736
    A small minority of economists believe this, but the majority do not. A huge majority of historians believe the New Deal helped resolve the impact of the Great Depression. From Wikipedia:

    The 1940 draft certainly eliminated unemployment in the US. But the New Deal dealt with a great many other things than unemployment. Banking failures, agricultural failures, financial industy failures, etc.

    Many New Deal programs were dropped during WWII as the economy recovered and more during deregulation of the 70's, but several major New Deal programs are still vital players: The Federal Deposit Insurance Corporation (FDIC), the Federal Housing Administration (FHA), the Tennessee Valley Authority (TVA), the Social Security System and Securities and Exchange Commission (SEC).

    They have been saying it for decades. Social Security is one of the most popular government programs in the country. Look what happened when Bush tried to privatize it. Massive opposition.
     
    red55, Nov 15, 2008
    #33
Page 4 of 4

Share This Page