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Old 02-10-2009, 05:10 PM   #1
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Default ***an - lost decade - what do you know about it ?

Obama referenced it .... WHAT was it, HOW did it happen and can it be used as a template in our current crisis to follow a path out ?

Anyone ?
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Old 02-10-2009, 05:44 PM   #2
 
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Default RE: ***an - lost decade - what do you know about it ?

***an had the right Idea to stimulate,they just didn't follow through and were not quick to respond.
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Old 02-10-2009, 05:46 PM   #3
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Default RE: ***an - lost decade - what do you know about it ?

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ORIGINAL: RainmakerIII

***an had the right Idea to stimulate,they just didn't follow through and were not quick to respond.
In other words, pick a really big number, and spend it really fast!
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Old 02-10-2009, 05:50 PM   #4
 
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Default RE: ***an - lost decade - what do you know about it ?

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ORIGINAL: etothepii

Quote:
ORIGINAL: RainmakerIII

***an had the right Idea to stimulate,they just didn't follow through and were not quick to respond.
In other words, pick a really big number, and spend it really fast!


exactly, but the diff is that Obama will act swiftly and follow through.
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Old 02-10-2009, 05:53 PM   #5
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Default RE: ***an - lost decade - what do you know about it ?

Quote:
ORIGINAL: RainmakerIII

Quote:
ORIGINAL: etothepii

Quote:
ORIGINAL: RainmakerIII

***an had the right Idea to stimulate,they just didn't follow through and were not quick to respond.
In other words, pick a really big number, and spend it really fast!


exactly, but the diff is that Obama will act swiftly and follow through.
I'm flat broke, so I'm going to borrow $90,000 to buy a sports car, and do it quickly without thinking about it. That will fix everything!!
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Old 02-10-2009, 05:55 PM   #6
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Default RE: ***an - lost decade - what do you know about it ?

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ORIGINAL: RainmakerIII

***an had the right Idea to stimulate,they just didn't follow through and were not quick to respond.
CLUELESS!

***an tried to do what FDR attempted. The believe the government knew better than the people. They decided to increase government spending to stimulate the economy enough to bring it out of the recession. Both failed and to say they faild badly would be under stating the outcome. Both examples extended the recessions and delayed their recovery. Folks like rainmaker love to explain they failed because they didn't go large enough quickly eoungh. Too bad they can reference a single example from a history of mankind that it did work.[:-]

Here is more information:
http://www.heritage.org/Research/Economy/bg2222.cfm
Learning from ***an: Infrastructure Spending Won't Boost the Economy[/align]
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Old 02-10-2009, 06:04 PM   #7
 
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Default RE: ***an - lost decade - what do you know about it ?

FM, you should be a little bit more hopefull[:-]. FYI, I can tell you of a time it worked "THIS TIME", I can see that before it happens. Also FYI, FDR's structure funding saved alot of lives and alot of american dreams. He put alot of people to work and food in their families mouths, the economy was slowly comming back.
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Old 02-10-2009, 06:07 PM   #8
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Default RE: ***an - lost decade - what do you know about it ?

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ORIGINAL: RainmakerIII

FM, you should be a little bit more hopefull[:-]. FYI, I can tell you of a time it worked "THIS TIME", I can see that before it happens. Also FYI, FDR's structure funding saved alot of lives and alot of american dreams. He put alot of people to work and food in their families mouths, the economy was slowly comming back.
Yep it did work already, the market crashed almost 400 points today when all the clowns were talking...
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Old 02-10-2009, 06:14 PM   #9
 
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Default RE: ***an - lost decade - what do you know about it ?

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ORIGINAL jeepkid

Yep it did work already, the market crashed almost 400 points today when all the clowns were talking...


The market went down because the wall street investers heard the sec of treasury plan and new their crooked plans are soon to stop, they acted accordingly.
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Old 02-10-2009, 06:17 PM   #10
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Default RE: ***an - lost decade - what do you know about it ?

Quote:
FYI, I can tell you of a time it worked "THIS TIME", I can see that before it happens.
Stop the presses. History has shown this idea has failed in the past but rainmaker says it will defy all logic because he knows.[:-]
Quote:
Also FYI, FDR's structure funding saved alot of lives and alot of american dreams. He put alot of people to work and food in their families mouths, the economy was slowly comming back.
At the expense of a lot of Americans. More people did without then got the jobs he tried. Every time signs were showing improvement, FDR crushed them My great-grandparents got wiped out because the "Government" made it illegal to evict those who didn't pay rent. They lost their savings because they had to continue to pay the mortgage why giving away free room and board. Please tell me again how FDR benifited them?
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