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Why You've Never Heard of the GReat Depression of 1920-21
The Mises Institute ^ | 4/4/2009 | Thomas Woods

Posted on 02/23/2014 9:46:03 AM PST by Attention Surplus Disorder

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To: Attention Surplus Disorder

Nice!


21 posted on 02/23/2014 1:39:51 PM PST by Paladin2
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To: Attention Surplus Disorder

The country’s greatest growth occurred during the Lochner Era. We need to return to that.


22 posted on 02/23/2014 2:57:05 PM PST by 1010RD (First, Do No Harm)
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To: Attention Surplus Disorder

Great video. Thanks!


23 posted on 02/23/2014 3:53:14 PM PST by Lonesome in Massachussets (In the long run, we are all dead.)
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To: T-Bird45
However, by the time Harding had called his conference, the country’s economy had already shown signs of rebound, and merely allowed for President Harding to claim success.

Simply amazing that you would quote Wikipedia in a defense of the communist Wilson. Harding did the unthinkableand reduced government spending rather than increase it as Lord Keynes's precursors were encouraging.

Your history is revisionistic.

24 posted on 02/23/2014 4:50:33 PM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: what's up

So we’ve got three years left of the Obama Depression.


25 posted on 02/23/2014 4:55:11 PM PST by tbw2
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To: BfloGuy

And your reading skills are deficient. I was not defending Wilson or Harding with the quote - I was pointing out to the OP that the “history” related in the original post was incorrect since Wilson was still in office when the post-war recession began. Go back, get the context right (a basic reading skill, BTW.)

As to your extract from the Wiki article, the quote supports the point that Harding continued the laissez-faire approach that came from Wilson’s debilitating stroke. As you note, Harding took it the step further of scaling back government expenditures to match the reduced resources. My posting of the final paragraph from Wiki was to be complete in making that extract, even though I most certainly oppose any thoughts from the risible Krugman. There are always going to be two sides to these types of policy discussions. Assuming I support a particular position when I post info from both perspectives is an unmerited leap of logic on your part, IMO.

Further, the OP was posting a link to a source that is also cited in the Wiki article so I thought that would have value for the OP when considering my post.


26 posted on 02/23/2014 5:42:45 PM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: Attention Surplus Disorder

I heard about it, my father lost a business in it and didn’t start another one until 1936.


27 posted on 02/23/2014 5:53:11 PM PST by dalereed
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To: T-Bird45

Stick wikipedia up your backside!


28 posted on 02/23/2014 5:54:40 PM PST by dalereed
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To: dalereed

When will your next edition of “Winning Friends and Influencing People” be published, Mr. Carnegie? Your skills at logic and rhetoric are just flabbergasting...


29 posted on 02/23/2014 7:41:03 PM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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Comment #30 Removed by Moderator

To: dalereed

New chapter heading perhaps???


31 posted on 02/23/2014 7:54:28 PM PST by T-Bird45 (It feels like the seventies, and it shouldn't.)
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To: T-Bird45
I will never be friends with anyone that would look at anything on wikipedia!
32 posted on 02/23/2014 7:59:13 PM PST by dalereed
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