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The World Economy Is Stagnating Like It’s 1937
New York Magazine ^ | June 17, 2016 | Eric Levitz

Posted on 06/18/2016 12:00:56 PM PDT by nickcarraway

click here to read article


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1 posted on 06/18/2016 12:00:56 PM PDT by nickcarraway
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To: nickcarraway; SunkenCiv; Nachum; narses; SJackson

Duh.
Maybe because the “world’s” Keynesian economic advisors and socialist-trained and socialist/communist-dominated politicians are ACTING with the same politics and economic policies that failed between 1929-1948 .....

Then again, does Obola really want the Western capitalist democracies and their economic systems to survive his policies?


2 posted on 06/18/2016 12:07:58 PM PDT by Robert A Cook PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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To: nickcarraway

Oh yeah, more deficit spending. That’s the ticket.


3 posted on 06/18/2016 12:09:13 PM PDT by Paladin2 (auto spelchk? BWAhaha2haaa.....I aint't likely fixin' nuttin'. Blame it on the Bossa Nova...)
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To: nickcarraway

22,600 new rules and regulations by the Current President such as to choke off the economy. The USA could get back to work if the Gov. Would allow it.


4 posted on 06/18/2016 12:10:33 PM PDT by Trumpet 1 (US Constitution is my guide.)
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To: Robert A. Cook, PE

Well, WWII finally got things going in the US. Maybe we should start WWIII against Islam?


5 posted on 06/18/2016 12:11:03 PM PDT by Paladin2 (auto spelchk? BWAhaha2haaa.....I aint't likely fixin' nuttin'. Blame it on the Bossa Nova...)
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To: nickcarraway

Rebuilding our nation’s infrastructure shouldn’t be too much to ask.


No, I doesn’t, except that we recently spend a TRILLION dollars for shovel-ready jobs. Unless, of course, the president is a lying bag of maggots.


6 posted on 06/18/2016 12:14:28 PM PDT by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)
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To: sparklite2

The liberal view is that Porkulus failed to meet the objectives, because evil Republicans held it down to a trillion dollars, and wouldn’t let the Democrats spend more.

To them, the problem is that we just didn’t spend enough money with Porkulus to solve the problem.


7 posted on 06/18/2016 12:20:19 PM PDT by Dilbert San Diego
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To: nickcarraway
Stop the ever tightening requirements on banks, it's crushing loan demand and economic growth.

Cut 20% of Federal regs a year, repeal Obamacare and end green energy mandates/subsidies.

Cut corporate tax rates to 20%.

8 posted on 06/18/2016 12:20:27 PM PDT by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: nickcarraway

9 posted on 06/18/2016 12:21:38 PM PDT by Rufii
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To: Paladin2

Tweren’t WWII by itself. It was FDR relaxing the regulatory stranglehold on bidness so they could rev up production to save his ass.

His counterpart, however, helps arm America’s enemies, not her friends.


10 posted on 06/18/2016 12:26:57 PM PDT by FirstFlaBn
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To: Paladin2; SunkenCiv; Nachum

There are some good reasons to think it wasn’t really WWII “US government spending” (the original Keynesian claims) but the European “gold-backed” defense money that THEY spent over here that kick-started the US economy.

remember, it is not so much the immediate payment that causes a business to begin hiring to begin product, but the PROMISE of payment from a new contract that is in-hand.


11 posted on 06/18/2016 12:28:04 PM PDT by Robert A Cook PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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To: Paladin2

It’s coming, unfortunately.


12 posted on 06/18/2016 12:41:46 PM PDT by Tallguy
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To: FirstFlaBn

The US also began rearming in 1940, will lend-lease shipments expanded. So even before Pearl Harbor demand was rising and factory utilization was up.


13 posted on 06/18/2016 12:44:17 PM PDT by Tallguy
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To: nickcarraway

94 million out of work you get recession 7 1/2 years of Obama&Co on the march and the fools thinks Hillary can make a change dreamers.


14 posted on 06/18/2016 12:44:31 PM PDT by Vaduz (women and children to be impacted the most.)
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To: nickcarraway

The elites and politicians believe that the free market is to blame. There will be no stopping them until smashed-head-human-jump.


15 posted on 06/18/2016 1:36:03 PM PDT by deadrock (I is someone else.)
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To: Vaduz

“94 million out of work you get recession 7 1/2 years of Obama&Co on the march and the fools thinks Hillary can make a change dreamers.”

Add to that tens of millions of illegal invaders taking jobs at under the going rate and sending their earnings back to Mexico, all the while taking taxpayer money through all the entitlement programs to pay for their living expenses.


16 posted on 06/18/2016 1:41:47 PM PDT by Carthego delenda est
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To: nickcarraway

In 1938 the USA had an industrial base so all comparisons to today’s economy are false.


17 posted on 06/18/2016 1:53:24 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: nickcarraway

mark


18 posted on 06/18/2016 2:46:41 PM PDT by higgmeister ( In the Shadow of The Big Chicken! - vote Trump 2016)
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To: Robert A. Cook, PE
We would be better off with a Keynesian in office. We don't have that. The GOP and Dems aren't even somewhat responsible. At least Keynes thought we should have surplus in times of good. Keynes favored deficit spending only to combat depressions, not to fight low levels of unemployment. He never suggested long term .gov spending as it is now, nor a large national debt that we have today under the current parties.
19 posted on 06/18/2016 3:06:28 PM PDT by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Paladin2

Considering how badly the United States lost World War II, not a good idea.


20 posted on 06/18/2016 6:26:55 PM PDT by nickcarraway
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