Democrats idea of how to deal with recessions is to turn them into depressions and make them last years longer than necessary. FDR's Folly: How Roosevelt and His New Deal Prolonged the Great Depression https://fee.org/articles/fdrs-folly-how-roosevelt-and-his-new-deal-prolonged-the-great-depression/ The Great Depression of the 1930s was by far the greatest economic calamity in U.S. history. In 1931, the year before Franklin Roosevelt was elected president, unemployment in the United States had soared to an unprecedented 16.3 percent. In human terms that meant that over eight million Americans who wanted jobs could not find them. In 1939, after almost two full terms of Roosevelt and his New Deal, unemployment had not dropped, but had risen to 17.2 percent. Almost nine and one-half million Americans were unemployed. On May 6, 1939, Henry Morgenthau, Roosevelt’s treasury secretary, confirmed the total failure of the New Deal to stop the Great Depression: “We are spending more than we have ever spent before and it does not work. . . . I say after eight years of this Administration we have just as much unemployment as when we started. . . . And an enormous debt to boot!
In 2019, total wealth had grown to $96.1 trillion. The 2019 population was approximately 129 million families. To be in the top 10%, a family needed $1.22 million or more (slightly less than in 2016). Together, these roughly 12.9 million wealthy families owned 76% of total household wealth in 2019. To be in the middle 40%, a family needed at least $122,000 in wealth. Together, these approximately 51.5 million families owned 22% of U.S. wealth in 2019. To be in the bottom 50% meant a family had less than $122,000 in wealth. That represented about 64.3 million—or half of—families in 2019, owning just 1% of the nation’s wealth. Further, of this group, some 13.4 million families (about 1 in 10) had negative net worth—they didn’t even have a slice of the pie. https://www.stlouisfed.org/open-vau...h-inequality-changed-over-time-key-statistics ... The wealth gap has been increasing between the top 10% and bottom 50% for almost 50 yrs. Which group or party wants to change the upflow of wealth from bottom to top? Which group gives the top 10% more?
For many years, the choice always seems to be the vote for the least evil person. Evil is determined by each person. But, rarely is there a candidate that the majority would like to see the nominee. I suspect, money is a driver of that.
That was 90 yrs ago. We've had several recessions since then. Both D and R party in control. We've had no depression since the great depression. Many changes took place since then to lessen the likely hood of another great depression. Getting off the gold standard is likely a major change that helps avoid them.
Examples of what? Tax cuts or raises? Capital gains taxes or cuts? Trickle down economics? What are you looking for? edit; Maybe access to quality education? Higher education? Is there a group that tries to promote that for lower income families? ... A similar analysis by John Hopkins University focused solely on Baltimore. Tracking about 800 students from the first grade through their late-20s, the study found that only 4 percent of children from low-income families achieved a college education, compared to 45 percent of children from higher-income families. Cultural environment and surroundings undoubtedly impact the eventual success of a child, as they determine available opportunities and govern how a child will perceive their social standing. https://www.newsweek.com/why-rich-stay-rich-and-poor-stay-poor-363611
Is there a group that tries to promote that for lower income families? Yes, parents and the Republican party advocating for school choice,
I look back on the favorability of the candidates. Prior to 2016 every candidate since 1952 was seen favorably by over 50% of the electorate with one lone exception. Barry Goldwater was seen favorably by 43%, unfavorably by 47%. In 2016 both Clinton and Trump shattered Goldwater’s record for the lowest favorable/highest unfavorable. Hillary Clinton was viewed favorably by 38%/unfavorably by 56%. Trump was seen favorably by only 36%/unfavorably by 60%. Trump again in 2020 at 43% favorably/56% unfavorable compared to Biden’s 52% favorable/46% unfavorable. Today Trump stands at 39% favorable/56% unfavorable, Biden at 40% favorable/55% unfavorable. If those hold up, this will make it only the second time in our history that a presidential election will feature two candidates with favorables under 50% and unfavorables over 50%. 2016 and 2024. At least in 1964 and 2020 there was one candidate seen favorable by over 50% of all Americans. Trump is the only candidate to have an unfavorable rating of 60% while Clinton and Trump twice are candidates that had favorable ratings of under 40%. Not even Barry Goldwater achieved that. 2024, the possibility exists Trump will have achieved the distinction of being a presidential candidate that in 3 tries never had a favorable of above 40% while Biden could join Clinton in being a presidential candidate with a favorable rating below 40%. Here’s the list of presidential candidates since 1956 with their favorable/unfavorable ratings. Highest to lowest favorable/unfavorable ratings of each major party presidential candidate. Favorable/unfavorable 1956 Eisenhower 84/12% 1964 LBJ 81/13% 1976 Carter 81/16% 1960 JFK 80/14% 1960 Nixon 79/16% 1968 Nixon 79/22% 1976 Ford 79/20% 1972 Nixon 76/21% 1968 Humphrey 72/28% 1984 Reagan 70/30% 1980 Carter 60/32% 1984 Mondale 66/34% 1980 Reagan 64/31% 1992 Bill Clinton 64/33% 2008 Obama 62/35% 2012 Obama 62/37% 1956 Stevenson 61/31% 2004 G.W. Bush 61/39% 2008 McCain 60/35% 1992 G.H.W. Bush 59/40% 2000 G.W. Bush 58/38% 2004 Kerry 57/40% 1996 Bill Clinton 56/42% 1988 G.H.W. Bush 56/39% 2000 Gore 55/43% 2012 Romney 55/43% 1972 McGovern 55/41% 1996 Dole 54/45% 1988 Dukakis 53/42% 2020 Biden 52/46% 1964 Goldwater 43/47% 2020 Trump 43/56% 2016 Hillary Clinton 38/56% 2016 Donald Trump 36/60% You can see where 2016 stands out. Will 2024 join 2016? Most likely.
Let me try to attack this concept of a monstrous "pudge" in the economy that causes "cancerous over-growth" with some facts and figures as depicted in these official graphs: https://www.shadowstats.com/charts/monetary-base-money-supply . Who did this? It wasn't "deer-in-the-headlights" Idiot "W" Bush... and no, it wasn't Idiot Obama, who just sat back and let Ben Bernanke and the Fed run the entire economy. But, between the inevitable aftereffects of all the financial malfeasance and deliberate anti-free-market policies of the Federal Reserve, and Trump, and then COVID, you see what finally happened beginning in about 2019. I understand the nature of economic 'cycles', Dairy, but what happened to our economy starting in 2008, when the Fed started dictating economic policy on everything of any significance, is what caused the immense imbalance that put us where we are today. And NEITHER Democrats nor Republicans are going to "fix it" any time soon.... Sadly, too, there are no 'Independents' or Third-Party candidates who can wield enough power to "fix it". By about the end of Q1, 2024, I'm afraid we'll all see what's coming in an undeniable way. Afterthought: Our national debt-versus-GDP is 121%. Economists identify the descent into a point-of-no-return as being in a prolonged state of the ratio exceeding 77%. Moreover, as we slide along, the interest on the national debt has become greater than the amount we Americans spend on DEFENSE! Link: https://finance.yahoo.com/news/amer...urrent fiscal year,billion in the same period.
That's really funny! You tow the Biden Adminstations weaponization of the DOJ line! Would you kindly point out all the MAGA White Nationalists and Supremacists chanting "from the river to the sea" in some of the current protest marches?
Many advocate for school choice. There's plenty of school choice. But there should not be public money used on schools that like to discriminate. Public money has to be to schools that will allow any and all students, like public schools must. Without regard to sex, sex orientation, religion, etc. Also, with private schools, they are expensive. Poor families won't be able to afford many or most private schools.
Yes, debt to gdp is high for peace time. We should get a better grip on things in the next year or 2. If the fed res did a good job of not letting the economy slip into depression with the housing bust or the pandemic slow down. 2 things that caused the high debt to gdp. IMO, it wasn't anti free market, it was keeping the economy from complete collapse. And so far, it's worked. We recovered from the housing bust. We seem to be near recovery from the pandemic. We aren't there yet, but inflation is coming down. Jobs have always been strong.
It's not funny, the MAGA supporting white supremacitst are never funny. Why do they have to chant that to be against jews? They chant other anti jew messages. See Charlottesville protest.
I spent 10 - 11 months walking and hitch-hiking around the Islamic Middle East including time in Palestinian refugee camps where I learned more about the region's history than you'll learn from another slick and well paid Hasbara shill's YouTube. The genocidal Zionists have dreamed about an excuse to destroy Gaza, exterminate its residents and steal even more Palestinian land. The only "crime" the Palestinians committed was to already live on land that greedy and violent Zionists wanted for themselves. Meanwhile, Israel's US funded Propaganda Industry is crumbling as the truth starts to become clear. “Report: 7 October testimonies strike major blow to Israeli narrative” https://www.middleeastmonitor.com/2...nies-strikes-major-blow-to-israeli-narrative/ EXCERPT “New first-hand accounts from witnesses of Israel’s clashes with Hamas militants on 7 October suggest that, in their desperation to contain the surprise incursion, Israeli troops indiscriminately fired on their own citizens with heavy weaponry, resulting in potentially scores of Israeli deaths from so-called “friendly fire”. Unverified claims circulated by Israel that Hamas militants beheaded 40 babies on 7 October were widely rejected as propaganda which, critics argue, was designed to garner sympathy for Israel to carry out collective punishment of Gaza’s 2.2 million. However, a closer examination of events by The Grayzone tells a different story: one in which the Israeli military itself bears responsibility for numerous civilian deaths. The emerging details not only contradict the Israeli government’s version of events, but indicate that, in the chaos of battle, reckless Israeli fire likely led to significant casualties among the Israeli population.” CONTINUED
King Abdullah II, of Jordan, would disagree! He would know better than anyone what his father, King Hussein went through when the "Palestinians" staged bloody revolts and insurrection in Jordan in 1971! With uncharacteristic force and brutality, King Hussein was forced to suppress his 'house-guests' in a way remembered as "Black September". Link: https://en.wikipedia.org/wiki/Black_September Would Jordanians ever want to go through anything like that again...? Kinda doubt it. And, parenthetically, you can bet your last dime that Saudi Prince bin Salman doesn't want any of them in his country, either. My unprofessional guess? We'll pay Egypt's President el-Sisi about $30 - $40 Billion dollars to let the "Palestinians" move down into the Sinai Peninsula. That ought to "buy the peace" for a few years... in time for everybody in the current Democrat administration to retire comfortably and relinquish responsibility....
Compare their number to those racists we now see in Washington D.C. Of course they don't have Marxist operational funding behind them but they have NEVER been able to amass those numbers. Who are you kidding?
Based on actual views, see below. However, when you question political figures or party line claims, then people start throwing all kinds of labels as you. If the election was today, I'd vote for Haley.
Have no clue to what you're referring to in DC. Or Marxist. Marxist is a term people use who don't know what they post/talk about.
The Fed can fix the mess it made, even one as colossal as this one has become. But, in order to do it, they've got to 'suck the pudge' totally out of this 'fraud-balloon' economy they've created to rescue and promote stock market gamblers above all else! Oh, sure, it seemed like a good idea for a short (SHORT) time in 2008, but please do remember that in June 2009, all the leading economists were gushing that, thanks to the magnificent leadership of newly-elected "Messiah" Obama, the Great Recession had ended! But, the Fed reasoned that if "a little is good; therefore, more is better". And so they kept their assault on free-market capitalist principles going on and on. And then came the wonderous business tycoon, Donald Trump, who wanted the Fed to go even further toward swelling that same 'fraud-balloon' to even greater dimensions, with NEGATIVE interest rates! "Sucking the pudge" out of the economy won't be pleasant for those who have grown fat riding in this Democrat AND Republican 'fraud-balloon', but either we do it very, very soon, or we'll face dire consequences. Especially given that neither of our foremost adversaries, Russia and China, have a national debt-versus-GDP ratio even close to the tipping-point of 77%. We're in trouble, Dairy... REAL trouble. And given that interest payments on the gigantic national debt are now greater than we spend on national defense, it's going to have us by the throat before much longer....
I am not sure of this mess you keep referring to the fed can fix. High inflation? That's what raising interest rates are attempting to do. It seems to be working. Most of the debt is to ourselves. Mostly SS. So a default will likely hurt retirees the most. What real trouble are you referring to? The fed res doesn't control gov't spending. Nor gov't inflow. ... The Bottom Line The U.S. national debt is the sum of public debt that is held by other countries, the Federal Reserve, mutual funds, and other entities and individuals, as well as intragovernmental holdings held by Social Security, Military Retirement Fund, Medicare, and other retirement funds. Many people believe that much of the U.S. national debt is owed to foreign countries like China and Japan, but the truth is that most of it is owed to Social Security and pension funds right here in the U.S. This means that U.S. citizens own most of the national debt. Frequently Asked Questions (FAQs) Is the national debt a problem? Economists and lawmakers frequently debate how much national debt is appropriate. Most agree that some level of debt is necessary to stimulate economic growth and that there is a point at which the debt can become a problem, but they disagree about where that point is. If the debt does get too big, it can result in cuts to government programs, tax hikes, and economic turmoil. How are the deficit and the national debt related? The deficit and the national debt are directly related. When the U.S. government spends more than it receives in tax revenues, it has a budget deficit, which must be met by borrowing more money, which further adds to the debt. Which U.S. president paid off the national debt? In 1835, Andrew Jackson paid off all of the national interest-bearing debt. He is the only president to have ever done so.11 https://www.thebalancemoney.com/who-owns-the-u-s-national-debt-3306124
Prior to the '67 war Gaza was part of Egypt and the West Bank was part of Jordan. After the war Egypt and Jordan wanted no part of the insane Palestinians living there. But, Jordan was created under the British Mandate specifically for the Arabs and Palestians in the Middle East, leaving Israel wirh nothing more than a few hectares of nearly impossible to defend land. Israel has now made a prosperous nation while Palestinians still live in filth seathing with their hatred of Jews. Of course Egypt and Jorden don't want them, no one wants them. They have made their own hell, and Israel has the right to defend her citizens. Palestinians are furious that the Jews refuse to die. Count me fully on team Israel.
If the true doesn’t fit make up something. The gullible will believe you. The most vocal anti-Semites are now on the left. It’s causing spasms in the Democrat Party.