Amity Shlaes and Jonathan Alter debate the Great Depression (2 of 9)

[CrowdPleeza]

As far as stimulus infrastructure construction. What happens when a country enters a depression and yet they really don't have a need to have new roads,airports,schools and hospitals built? Say a country already has enough of those things already built. What do they do then? Maybe during the 30's America actually had a need for new road,schools,airports and hospitals so those things made sense to construct. So what if a country doesn't need anything new built and enters a depression?

[Gumbyrearygood]

"The country was literally curled up in the fetal position." LITERALLY? WAS IT? Also, 8:03, what kind of argument is that? The democratic process doesn't immediately legitimize policy.

[baronmorris]

Wipe the floor with her, Jonathan!

Tell it like it really is. It's clear she won't be doing that.

[boing3887]

"what was WWII? it was the new deal on steroids - how else did we mobilize for war?"

take that shlaes

[baronmorris]

@boing3887

hell to the yes! nice!