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To: RedWulf
"First off it was the new deal that kept the depression going for 12 years."

The first new Deal policies were not enacted until 1933 so they can't be blamed for 12 years worth of the Great Depression. Point of fact, there were a lot of things that prolonged it of which one of them was trade protectionism.
42 posted on 05/04/2016 6:47:54 AM PDT by Old Teufel Hunden
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To: Old Teufel Hunden

>The first new Deal policies were not enacted until 1933 so they can’t be blamed for 12 years worth of the Great Depression.

We tried to re-inflate the debt bubble during that period before the new deal. During the new deal FDR helped by reforming the banks but then screwed everything up by implemented Venezuelan style socialism. The debt bubble wasn’t cleared until after WW2.

If you want a pretty good over on the subject check out:
http://www.amazon.com/Return-Great-Depression-Vox-Day/dp/1935071181

>Point of fact, there were a lot of things that prolonged it of which one of them was trade protectionism.

Then explain why Germany got out of the great depression long before anyone else. And don’t tell me it was national socialism, we all know that socialism is an economy killer.


46 posted on 05/04/2016 7:07:43 AM PDT by RedWulf
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