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To: ckilmer
The Feds make only two types of policies now days bad policy and worse policies. Fracking yes is a big money maker but much of it is under the government control from leasing distribution, environmental issues, taxing and so forth with the present representation, with the money being generated the government can't help but get involved.

I've seen this before in other people who are involved with some hot business which is making big money they look around at their job at their neighbors, at their town and region (Silicon Valley, West Texas.....) and think WOW the economy is going gang busters. Well it is for a these groups, but they seem to have no real idea of the size of overall American economy and even America itself.

Even during the Great Depression there were pockets of prosperity and I am sure people looked about a thought why does everyone think things are so bad? But even those pockets including the Great Texas Oil Boom didn't pull America out of the depression only a World War did.
20 posted on 04/12/2014 8:39:24 AM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer

Even during the Great Depression there were pockets of prosperity and I am sure people looked about a thought why does everyone think things are so bad? But even those pockets including the Great Texas Oil Boom didn’t pull America out of the depression only a World War did.
...............
Yeah that’s what people say. In the end it wasn’t Roosevelt’s new deal that got the USA out of the 1930’s depression but rather WWII.

What’s generally not considered is that it was Roosevelt’s New Deal that extended the depression much longer than it was supposed to go.

That is, the democrats New Deal cure for the republican fed’s tight policies of 1928-32...only extended the depression from 32-40.

I have seen charts of 2010 that showed the USA was undergoing a normal job expansion until april 2010
http://www.heritage.org/research/reports/2011/07/economic-recovery-stalled-after-obamacare-passed

Similar things happened in the 1930’s.

If the pubbies can defeat obamacare after the fall elections US growth rates can move from current 2% to 4%.

Of course that’s a tall order. would require the pubbies display a lot more sand than they do currently.


21 posted on 04/12/2014 10:37:58 AM PDT by ckilmer
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