Added: 2 years ago
From: Shanbo26
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  • FDR turned the depression into the great depression that lasted 10 years because he wouldn't stop trying to fix it, Europe didn't fix it and the depression only lasted a couple of years there. A 35 hour work week will make the cost of manufacturing even more expensive here, so businesses will simply relocate to a less restrictive country, so how will that help create jobs here? and less hours = less pay, you are totally clueless.

  • @skin5011 Suuuuurrrreeeeeee. Pick up a history book sometime. The Depression had reached it's peak when FDR took office - then he turned it around.  GDP recovered to it's pre-depression level by 1937 after falling by 25% under Hoover. Unemployment reached a high of 25% under Hoover, then fell to a low of 9% in 1937. So tell me, where was the "failure" here?

  • @Shanbo26 The Great Depression started on October 29, 1929 In most countries of the world, recovery from the Great Depression began in 1933. In the U.S., recovery began in early 1933, but the U.S. did not return to 1929 GNP for over a decade and still had an unemployment rate of about 15% in 1940, albeit down from the high of 25% in 1933. Take your own advice!

  • @skin5011 Yeah, it began in 1933 WHEN FDR TOOK OFFICE, idiot.  And I don't know what planet you're getting your numbers from, but here's the real ones:

    tpmcafeDOTtalkingpointsmemoDOT­comSLASH2009SLASH01/21/unemplo­yment_statistics_of_the_new_de­al_era/

    As you can clearly see, the actual unemployment rate in 1940 was 10%. And your GDP numbers are correct - if you don't take deflation into account. If you do, then GDP did indeed recover by 1937.

  • @Shanbo26 The numbers are from Wikipedia not a rightwing outlet argue with them, your the one who's using partisan news from leftwing sources then accusing me of the very thing that your doing, If Obama gets 4 more years at his present rate of debt accumulation we will be $20 trillion in debt by the time he leaves office, how much more debt will be enough before you admit the failure of Keynes and stop this insanity, how much debt can we take before it distroys the nation?

  • @skin5011 And you have the nerve to say that Im stupid, when its obvious your a compleat moron. Keep drinking the coolaid Dude I know what's coming and when it does you'll find out just how great your Keynesian economics is, watch Europe were not far behind them, when it happens stop blaming someone else and look in the mirror, its the people just like you from both parties that did this, the true believers in progressive Keynesian borrow and spend your way to prosperity stupidity.

  • @skin5011 And there's no escaping the fact that under Hoover things just kept getting worse, and under FDR things just kept getting better.

  • @Shanbo26 Yes and theres no escaping the fact that the depression lasted 10 years here and only a couple of years in Europe because they let the economy reset it self and we kept trying to fix it which made it hard for business to operate and create jobs. Dude you seriously need to open your eyes and stop drinking the coolaid.

  • @skin5011 One more thing did you know that Hillery went to Pakistan last year and gave them $7.3 billion for water projects? of couse you don't because you only watch MSNBC and they won't tell you that because they know it would piss off the Obamabots, don't argue with me your in over your head, Im not some brainwashed numbskull like you I am a news junkie and I don't follow the puppet masters.

  • @skin5011 Dude, pick up a history book sometime, it lasted more than a couple of years. And they didn't "let the economy reset itself", they actively used government policy to fix it. Where are you getting your facts, out of your ass? Pick up a history book sometime.

  • @Shanbo26 Your dodging he Question did you know about the money to Pakistan? Sense you won't answer the question Im sure the answer is no you didn't know, and that's why you didn't know about the $2 billion given to Brazil, you can't defend it so you just say I'm lying or I don't know what I'm taking about, instead of looking it up because it doesn't fit neatly into your liberal blame the other guy montra.

  • @skin5011 I didn't know about it because it didn't happen. Every credible news source has debunked it, just like Obama's $100 million a day trip to India. I'm not saying you're lying, I'm saying you're stupid.

  • @Shanbo26 Im not suprised that you don't know anything about it, you only listen to and read left wing news, you inadvertenly proved my point, your a braindead Obamabot who knows nothing but what your puppet masters tell you to think, I thank God daily for the free press, God help us if your people ever get real power we'll all be as stupid as you are.

  • @Shanbo26 I told you Im not a republican, I won't defend Hoover, there are plently of progressive republicans, its not he parties that are the problem its the liberal progressive's pushing us further and further in debt, and that would include Bush, big government and crowie capitalism from both sides of the isle using Keynesian economic's have created this monster, and you want to push us deeper in debt, have you ever thought what might happen if your wrong!

  • @skin5011 Oh, and far from doing nothing, Europe embraced the same solution the US did - Keynesian economics. Sweden, being the only country to fully embrace Keynesian economics, completely recovered from the Depression by 1935. Sadly enough, Hitler also used Keynesianism to rebuild the shattered German economy, which is where all the money for those planes and tanks came from. Britain was also Keynesian, although not to the same extent as Germany was.

  • @Shanbo26 Obama has been using the Keynesian economic model sense he came to power, now we are $15 trillion in debt and talking about QE3 (monitized debt) if he gets reelected we will be $20 trillion in debt before his term is over, the Fed admits that we will be looking at 35% inflation in just a few short years, so hows that Keynesian economics working for ya? You and people like you are the reason that this country is so screwed, your a useful idiot!

  • Hey whats up! I loved your channel!

    Its cool. Check out mine! Stay in touch. Hope you got my friend request! Maybe you can sub thanks This is for everybody that see this

  • Good luck paying bills with only 35hrs a week! LOL!

  • I'm sorry, not all of us work at an hourly rate, haven't you heard?

    I also suspect you might sing a different song if it wound up saving your job.

  • People like you are the reason a lot of americans are out of a job.

  • @phantastickyle You're assuming two things:

    1. You get paid less for 35 hrs than 40.

    2.  I have problems paying my bills now. I assuming you do?

  • If you want to work 35hrs a week? Go for it! I Prefore 40 + Helps pay the bills! 35 or less? I might as well stay on unemployment. Go to Franch if you like thier system. Americans work 40 +.

  • OK, judging by the spelling, some eight-year old's gotten hold of the computer. Go away, little boy. The adults are talking.

  • @Shanbo26 ) Ever hear of a typo DumAss!

    your the punk in the mask.

    Trick or treats over, or haven't you heard?

    So how is your Parents basement.

    Seeing how you only want to work part time, if at all?

  • Last time I checked you were the one saying that they were still on unemployment. Or was that a typo too?

    By the way, where is "Franch"?

  • @Shanbo26 ) franch?

    it's over in eurobiastan.

    Considering how thier letting islamo's runamuck over there.

  • What do you mean? I assume a maximum work week of 35hrs?

    You do that and a lot of poor people will suffer. When I was younger I had to work 40-50 hrs a week to maintain my current lifestyle. This is because the Democrats and their taxes and socialist programs made my life more expensive before i MOVED to NH. Some people I know who went further out west to Texas and Nebraska also found better success.

    The Free Market can take care of everything if you simply lay off it.

  • No, I mean the point at which overtime kicks in is at 35 hrs.

    A lot of poor will suffer? I assume they'd rather have a 12.5% drop in income as opposed to a 100% drop by getting laid off.

    According to the numbers, a 35-hour week would pretty much wipe out the 10% or so unemployment rate. Demand for employment would then start forcing wages up.

    Need more work? Then you can do what I assumed you did - get a part-time job in addition to the full-time one.

  • First of all, a cut in income or lay off is bad either way. You cant pay rent your out on the streets and you cant pay for needs. You wont be able to hold your job for long if you cant afford nurishment or hygiene

    And the free markets CAN fix themselves. Move out of the way and remain out of the way. Restrictions and fees forbidding the expansion of business and with that jobs and better incomes is one of the big reasons for this economy

    And remember tht free markets are why USA was great.

  • Yes, but logic would suggest that a temporary 12.5% cut would be better than a permanent 100% cut, now wouldn't it? With the one, you can just pull your belt a little tighter, you might even get helped out by being bumped into a lower tax bracket.

    And the free markets can't fix themselves. They couldn't fix themselves in 1929, and they can't now.

    And free markets aren't the reason why the USA was great, democracy was. Note "was".

  • Oh, and the free market? Are you kidding? We've just had a brilliant object lesson in just how well the free market operates in the financial crisis. The free market is a joke.

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