My goodness...this is a perfect case in point of what I've been trying to talk about here recently.
Why on Earth did you start this political attack thread clubber?? Can't handle the level of discussion on the many, many other sites out there where one can discuss economics, govt. policy, and politics?? That's not surprising given your level of so-called "knowledge" on the subject.
Don't you remember when you've sworn to not start threads or post in threads that had nothing to do with strippers or strip clubs...waaaaay back in 2008??:
tuscl.net
tuscl.net
Why did you LIE way back when & break your promise dozens & dozens & dozens of times over the years??
I'll tell you why in this recent case...it's because you're getting increasingly frustrated & desperate...that's why!
"The economy has every thing to do with strip clubs and their patrons."
Bullshit. This is just another pathetic attempt by a Right-wing dolt to try & make some cheap political jabs against their opponents, and it serves NO purpose whatsoever! This is NOT the place for it!
"In other words, you haven't demonstrated that FDR's public spending caused higher unemployment"
...because it simply didn't. U.S. unemployment went DOWN throughout almost FDR's entire term! GDP also went UP during the vast majority of FDR's term!
en.wikipedia.org
en.wikipedia.org
"Similarly, it's not necessarily the case that JFK lowering income taxes caused unemployment to drop"
JFK was only one of a long-line of Democratic Presidents that have had much better economic track records than their GOP counterparts.
"U.S. GDP Growth Under Different Presidencies":
currencythoughts.com
"Just one bit of evidence is the comparison of the US and France between 1981 and 1989."
France is a MUCH smaller country than the USA, period. Your comparisons are meaningless. Take them elsewhere.
"Even if you don't believe that and chose to believe that it may be true that increased spending by FDR didn't create higher unemployment, it certainly didn't bring it down."
Wrong again...see above.
"On the other hand, lowering taxes (JFK) may not have caused lower unemployment but it didn't cause it to go higher."
LOL...federal taxes went UP (mostly on the rich under Clinton) and unemployment took a nose dive through his entire term!
en.wikipedia.org
Give us all a break please...take your nonsense elsewhere!
As we've been over & over again on this very website, Morgenthau was simply WRONG in his assessment. The U.S. economy is now well on its way back to recovery...we've just seen the fastest quarterly GDP growth in 4 years!
bea.gov
"As a percentage of GDP it rose from 3.4% in 1930 to 9.8% in 1940."
Baloney. U.S. government spending as percentage of GDP was basically flat during this time-frame. It only went up wildly as we started to get involved in WWII (even before we were attacked).
usgovernmentspending.com
"Percentage of GDP spending drops sharply"
Wrong again...as seen above, it only dipped slightly before going back up as we got further involved in Vietnam.
The FACT is that trickle-down/voo-doo economics have been tried out twice now, under two different GOP Presidents & with Congress under the control of either Party, and all it's done successfully is balloon the federal debt & deficit and widen the gap between the rich & poor, period end of story.
Once again, this is NOT the forum to be discussing these topics!
