05-11-2020, 02:18 PM
(05-11-2020, 11:54 AM)David Horn Wrote:The Democrats have been pumping money into the economy, the global economy and the global institutions on a full time basis ever since FDR took office and the Democratic party voted to change the rules and skewed the courts to make it possible for them to do it long term. FDR did a good job keeping the radical factions within the Democratic party in line/ under control with his record use of the veto which kept America together during the years of the Great Depression.(05-11-2020, 11:22 AM)Warren Dew Wrote:(05-11-2020, 10:24 AM)David Horn Wrote: Reagan was borrow and spend. This is supposed to be antithetical to conservatives, but apparently it's OK if it's your guys doing it. With the sole exception GHWB, every Republican since has followed suit.
And GHWB is the sole Republican who caused more recessions than he fixed. Unlike Democrats, Republicans are able to realize when their policies are destructive, and to change them. Austerity was one of the policies that was destructive and had to be abandoned.
Are you serious? Reagan ran his game plan successfully, but let's not pretend it didn't impact GHWB. And his son GWB did the same, but hit a wall while still in office. Pumping money into the economy in good times is a recipe for disaster. We're about to see how much of a disaster Trump has created by handing money to his friends and punishing everyone else. His off-the-charts tax cut is still out there, creating havoc. The rich and large corporations aren't needing any help. It's everyone else.
Like I've mentioned, FDR doubled down on the change that Hoover was forced to make during the early years of the Great Depression. I'm sure that you are familiar with the Hoover Dam. We had a major economic problem during the 70's (post LBJ/Vietnam era) that needed to be addressed/fixed. A big government problem that couldn't be fixed the old Democratic way because the old Democratic way of doing business and years of tossing billions upon billions at all kinds of people problems was starting to cause problems. So, how many years will it be before big government believers admit that the government is broke and the era of big government being looked to solve our problems has to end?