The New Deal Was A Failure: Hoover and FDR Prolonged the Great Depression with Big Government

[caligal2010]

The New Deal actually prolonged the Depression by 7 years. Had FDR not been such a socialist idiot, the recovery would have come along faster and at a more rapid rate.

[JohannBBravo]

call me stupid, but i didn't get her. there is way to much information, the audience is flooded with quotes, without putting them into a context. this is not rially informative but creation and endrosement of prejudices...

[MrFernandonyc]

she is right..the truth has no agenda

[navsquid32]

@salvysahagun As an objective outside opinion to your conversation, gold can't be described as "counter to deflation" because inflation/deflation is a central bank/fiat currency phenomenon. FDR did make owning gold illegal in order to cement a fiat currency.

[CasonovaCorkClub]

SMMMMmmmmmooooookin HOT!

[eviljdog]

The chick is hot, but this video is idiotic.

[AlexDerossard]

@eviljdog

She is cute, and you are a moron. If you call something idiotic, explain why, else be seen for the idiot you are.

[eviljdog]

@AlexDerossard She is selectively rewriting history. She is using her attractiveness to sell a lie. Learn about history in books, not on youtube, moron

[Jack95912]

@eviljdog And if you actually consult objective sources, it will lead to the same conclusions. If you stick to the Dept. of Education stamped-and-approved books and the Keynesian tripe of your typical state school college professor, you will be "educated" to know the "truth."

[Jack95912]

@eviljdog And what lies? These are documented facts. The actions of the Hoover administration are there big as life for all to see. People can go ahead and ignore them and keep blathering about Hoover being "laissez faire," but the history is immutable.

[lobodo171]

OMG, hot chicks talking about economics. This channel is awesome!

[shawncweed]

Thanks...this was excellent information presented in an easy to understand fashion...the presenter was hot too...cheers

[PersianPaladin]

shutup you dumb bitch

[FreeRussian]

The girl is too young and cannot understand that Hoover's and Roosevelt's policies never meant to improve the economy. They meant to create a big government and take full control of the country, and we have to admit they succeeded. It is useless to analyze economics without analyzing the goals of those who stand behind the economic policies and economic models. It is really simple. "Give me control of a nation's money and I care not who makes her laws."

[smurfblood]

Interesting, but that vocal fry is really annoying!

[txgp17]

Michelle Fields is awesome!!!

[BUZZY38]

I'm sorry Michelle, I did not hear a word you said...can you repeat that again?

[randumbusername]

Woohoo

[Mundunugu]

Liberals had absolute power for two years and passed an insane amount of their laws. Republicans warned that progressive policies were just wasting money. We were called racists.

It turns out the insane Democrat Party did waste trillions of dollars, so now all they can do is blame Republicans for their own failure.

[ronstadtfanaz]

@Mundunugu when exactly did Liberals have absolute power? If that were true we wouldn't be in the mess we are in. When Nancy (impeachment is off the table) Pelosi led the House under the idiot Bush little could get done. When appeaser Obama got in the Senate was by no means controlled by the Liberals. Like minded Blue Dogs made sure of that. Stop confusing Liberals with Democrats. By the way, there is no such thing as a Democrat Party. Stop watching that Fox Lies channel.

[ronstadtfanaz]

More propagandagarbage from Republicons that gave us the First Republicon Great Depression only to be outdone by the Second Republicon Great Depression. Screwing the people is not a great strategy and will be the death of the Republicon Party.

[omicronsoftware]

@ronstadtfanaz You know that blaming Bush expired shortly after Obama became president, right? No more excuses. Time to answer for your own president's "progress."

[Bunny50000]

@omicronsoftware Are you such a moron that you think policies magically only last through the duration of a presidency? You must be with a comment like that, and yet here you are trying to blame FDR decades later. Make up your tiny mind.

[ronstadtfanaz]

@Bunny50000 Good observation Bunny. The Economy Shed Almost 8 Million Jobs Under Republicon Policies Before The Recovery Act Could Affect The Economy. Mr. Obama can be held accountable for a net loss of 41,000 jobs while the Republicons should be held responsible for the net losses of 7,796,000 jobs.

[omicronsoftware]

@Bunny50000 Beg pardon, youtube degenerate. If someone is blaming FDR for today's economy, it is not I. Please read what I wrote, not what you want to think I wrote. Furthermore, while policies may last some length after a presidency, under no circumstances do they control the state of the country during the entirety of the president's tenure. And since Obama has been one of the most divisively impulsive presidents in history, changing policy at will, this is doubly true in his case.

[Bunny50000]

@omicronsoftware Yes. They do. Think about say.. Social Security. SS has controlled our spending to some degree as a nation during every single presidency since they were enacted. Regardless of what *other* policies a sitting president may enact, they are still bound by the issues and legislation of the past.

You pretending that Bush has nothing to do with today is either utterly naive. Short term thinking like that has led us into this hell hole of partisan gridlock that we're in today.

[ronstadtfanaz]

@omicronsoftware what makes you think I consider Obama "my own" president? In my opinion he is "Bush-lite." He talks a good game but appeases Republicons and we end up no better than we did under the Bush Crime Family. Besides, Bunny50000 makes a good point. And for the record, FDR's New Deal programs were working until 1937 when Republicons took control in congress and started to obstruct as usual. Same old story over and over with Republicons.

[omicronsoftware]

"Republicons"? Try "DemocRAT" on for size, why don'tcha? Or we could just be civil about things...

Wikipedia will show that, while the election of the Republican congress did bring about a lack of ability to act (as will any split-party government), the end of said joblessness followed closely after complete conservative house/senate control in 1939. Unless you claim that 1938's minimum wage law singlehandedly ended the great depression, there is nothing more to say.

[ronstadtfanaz]

@omicronsoftware Like Bunny said, the residual policies from FDR is what ended the joblessness, not anything Republicons did. Similarly Republicons like to take credit for Clinton's economy when none of them voted for his budget. Same old story with Republicons.

[YaHuWaHservant]

@ronstadtfanaz Clinton's good economy was in place thanks to bubbles. When those bubbles busted Bush Jr. double downed with Allen Greenspan tying that debt crash in with the invented housing boom. When the housing market came crashing however it took the economy down with it. Now we have a college bubble. It too will pop and more bailouts will be needed. I am only curious which will happen first. Economic collapse or WW3

[ronstadtfanaz]

@YaHuWaHservant They may try a war but economic collapse is more likely. Washington is in a paralysis, polarized by self-interested narcissism, unable to compromise in any way for the sake of the American people. They are handcuffed by what they owe the billionaires who finance their campaigns. The Cartel of transnational banks and corporations who control assets, also bribe congress to deregulate the banking and financial system and exist in a tax free world beyond the rule of law.

[ronstadtfanaz]

@omicronsoftware By the way, I am not a Dem so call them what you will. Still doesn't change the fact that Republicans are con-men and bad for this nation they seem to hate so much.

[182511419139208]

Food prices are too low. Pay farmers to burn crops.

[biggovernmentisevil]

She is incredibly hotttttttt!!!!!!! wow!!!!! What a babe!!!

[DJAnthonyillWill]

My kind of girl!! Attractive and knowledgeable! And by the way, RON PAUL 2012.

[ThorkilKowalski]

Not sharing this video is gay in more than one way.

[Brantoc]

Sharing this video is caring !

[abundantlyclear]

I agree with this video...but could you use a woman with a better voice? Her downturn of her voice at the end of every sentence is like fingernails on a chalk board!!

[fagan411]

Michelle, are you free Friday night? I have an econ question.

[goodinohio]

@fagan411 She has enough NY cops "hitting" on her.

[mattaki]

har har har! nice try, guys!

[Salvysahagun]

You realize that Morganthau's solution was tax the rich and pay off the defecit.

[Aegius]

@Salvysahagun The FDR admin already was taxing the highest income bracket at 79%. Apparently the enormous debt wasn't resolved by taxing the "rich" at high rates due to lack of revenue from an economy that wasn't producing revenue. When Mellon's solutions were put into practice of CUTTING taxes including on the highest bracket in 1921, the economy recoverred and the "rich" paid a larger % of the revenue.

[lpb2kool]

About Center For Freedom And Prosperity Foundation Center For Freedom And Prosperity Foundation in Alexandria, VA is a private company categorized under Promotions and Fund Raising. Records show it was established in and incorporated in Virginia. Current estimates show this company has an annual revenue of $199,817 and employs a staff of approximately 1.

Why are we listening to this company that has a staff of 1? I guess anyone can post a video.

[Pentazoid111]

@lpb2kool your comment has absolutely nothing to do with the sources presented in this video

[ronstadtfanaz]

@lpb2kool one has to wonder who is funding this so called Foundation? Richard Mellon Scaife, Koch Brothers, Karl Rove???

[Aegius]

I read through some of the comments by Lefties/Libs below. What a joke! They INSULT the woman in the video rather than deal with the ideas that she presented. It is so typical. Insult the person rather than confront the ideas. Lefties/Libs ALWAYS do this consistently. It is so pathetic.

[diogeneslaertius666]

Bernard Chapin - laying the smack down as usual

[Ninjax2000]

Would I be wrong in saying that I find her and her views attractive?

[OsfalconsCheer]

@cmosdriver - how did the right make her a zombie exactly? Everything stated in this video is 100% PROOVEN!

[rcmonks]

@OsfalconsCheer ...except the part about Smoot-Hawley

Read Lou Dobbs on this fairy tale..

[dookdawg214]

There's no way this girl understand any of the words coming out of her mouth.

[ehukai26]

@dookdawg214 She's a Pepperdine grad and a smart girl. I have no doubt she understands a lot more than just what she had to say in this video.

[cmosdriver]

It's a damn shame that the wicked on the right has turned this beautiful young lady into a mindless zombie at such a young age. So So Sad... What a waste.

[ehukai26]

@cmosdriver Liberals are ruled by emotion, and emotion comes from the inability to reason through a problem to the point of rational action. Michelle is mature and intelligent and has put effort into becoming that way.

[thafoofa]

@ehukai26 Absolutely. Liberals are just not wired for logical and reasoned thinking.

[ronstadtfanaz]

@ehukai26 Conservatives are controlled by the reptilian part of the brain.These are the major features of the Reptilian brain: •Sex •Fear •Heirarchy, tribalism, compartmentization, group think. •Ritualistic behavior. •Territoriality •Possessiveness, greed, power. •Addictive behavior. •Survivalism, worry about jobs, food, shelter etc. •The fight or flight mechanism. I know you can't help it but the first step to overcoming it is to accept and acknowledge it. I am here to help

[ehukai26]

@ronstadtfanaz Ok, yeah...what you said.

[thafoofa]

@cmosdriver Curious how you don't actually make any effort to refute what she said.

[taysahai]

Where are you from and who do you work for?

[xHippieHunter]

Hey if you guys want to read a great article about this, I suggest you look on Walter Williams website and there is a pdf. file labeled the "Great Myths of the Great Depression."

[danswim11]

great video. Just think, if the worldwide depression had not lasted so long we may have avoided a second world war. Economics matter.

[punkyqb2]

Love that this video is grouped with other videos on You Tube that contain facts and figures that completely debunk this revisionist historical liberal version shown here.

[Freaky983]

Have we forgotten that in the half of his mandate FDR SLASHED spending after seeing a slight recovery, so the 1938 unemployment figure was actually caused by the slash in spending rather than by the New Deal? And what about the actual recovery that came during WWII: wasn't is due to the military expenses, a.k.a. a federal stimulus? What a bunch of liars you are...

[Ravengaurd6]

Zero dislikes? no idiots have seen this yet?

[biggovernmentisevil]

Excellent video! Keynesianism keeps coming back because Arthur Laffer told us that there was no housing bubble. Such humongous errors take back to life their dead theories. In the 1930s it was Hayek and others who said that "loose money" caused the Great Depression when it is clear that "tight money" triggered it and tighter money made it even worse along with all the stuff shown here. It would be so nice to have quarterly figures of growth during the Great Depression.

[ButterflyDragon9]

The same Michelle Fields that stood in front of cops during an OWS takeover of the streets of NY and claimed to be assaulted? Your stunt there did more to advance the marxist agenda than this video could ever undo.

[Yakko77]

@ButterflyDragon9 If you're talking about the same video I think you're talking about then she had every right to feel threatened especially considering all the acts of sexual assaults and violence that did actually happen. More than 400 reported cases with links to verify on the Big Government website.

[ButterflyDragon9]

@Yakko77 No. The video where the cop pushed her because they were clearing the streets. She was right in the middle of the street mingling with all the hipsters with a line of cops steadily moving up the street clearing them off the roadway. She just stood there and got pushed by a cop. A couple of the hippies helped her up and took her to the sidewalk (where she should have been to start with).

The OWS crowd loved having a "conservative reporter assaulted by police" story to run with.

[caisamadrid]

Thanks. this was good

[carcabe]

Government interference in the free interactions of people(the market) is ALWAYS an attempt to cheat reality. Insane and childish. It's a game of let's pretend. Let's pretend that everyone has earned and can afford a house. Let's pretend that everyone is equally credit worthy. Let's take money from some people and give it to others so we all can pretend that they are prosperous.

You can fool reality only for so long. Then it all comes crashing down. Reality always wins. Game Over. 

[usactionnewsdotcom]

If Obama had spent less time seeking out Marxist professors in college he might have learned some basic economics. Read articles: "The Entitlement Frankenstein" "Barack Obama, Fabian Socialist" "Steve Jobs and the anti-jobs president" "More people realizing Obama IS a socialist" "Whitewashing History, Obama Style" "Obama pushes up oil, gas and electric rates as he promised" "Union agenda is Obama's agenda" "ObamaCare: The “Final Solution” for the Enslavement of Medicine" "Debt quotes"

[Yakko77]

How and why so many admire FDR for his "leadership" during the Great Depression will forever be a mystery to me. That it lasted so long under his watch and only ended with the build up for WWII and yet so many kept on re-electing him just as so many foolish sheeple voted for Obama.... oh, how history repeats itself.

[1977Melville]

@Yakko77. People are gradually waking up to the fact FDR wasn't very good and had provoked a second world war.

[Salvysahagun]

@Yakko77

Because Industrial Policies or in you language "Government intervention" is what created the modern world

How did Free markets ever create a industrial economic power?

America's industrial power was a credited to the Hamiltonian American System.

[YaHuWaHservant]

@Salvysahagun Actually we had our biggest boom in industry, technological growth, personal wealth once we ended world war 2 and government got out of the way. So my answer to your question would be that our economy boomed when free markets were allowed in. Our country has been over-regulated for the last 3 presidential terms and has had massive government involvement in the market. How do you like your economy today?

[Salvysahagun]

@YaHuWaHservant

So what do you call the interstate highway system, NASA chips, $100 billion budget, and sent a man to the moon?

[YaHuWaHservant]

@Salvysahagun Hitler built the Autobahn, Enriched the lives of German citizens, and helped advance Germany technologically. Same situation. Government can do many things. However to do anything they need to take from the people and spend more on doing things in order to achieve the same result. This is never seen better then airports. The safest, cheapest, and best quality airports are private.

[Salvysahagun]

@YaHuWaHservant

Government interventions in favor production created the Modernized world.

As did Protectionism.

We never used Classical Economics to create growth. Gilded Age we had 45% Tarriffs and Subsidized EVERY Railroad.

Post War America we where launching Major Projects, like Hill-Burton HealthCare, Interstate Highway System, Tennessee Valley, and NASA.

Now we are subsidizing consumption

[YaHuWaHservant]

@Salvysahagun Which will lead to a bigger debt, bubble, and continue war. I am not disputing that Government can build things like railroads and highways. What I am trying to get into your skull is the fact that when government does it they have to spend more money to get the same quality and that money comes from theft. If I want to build an interstate I pay 50 million and set up toll booths. When the government does it they subsidize, spend 100 million, cont

[YaHuWaHservant]

@Salvysahagun sell the highway to a corporation, who then sets up a toll booth. My way is that I spent 50 million of my money/investor money to build something and set up a toll booth tho profit. The government way is they took 100 million from you, paid a corporation like me to build it, and later when debt was piling up sold it to me for pennies on the dollar and I set up a toll booth anyway. Government subsidies give temporary prosperity in exchange for future debt and turmoil.

[Salvysahagun]

@YaHuWaHservant

By setting up toll booths you prevent the productive capacity from rising.

Laizzie Faire Free Market never build an industrialized nation.

Are you calling the American Gilded Age and 1950-1968 a bubble? if so then their has never been an era in America of solid prosperity and industrialization is just an illusion.

[YaHuWaHservant]

@Salvysahagun The age after the WW2 was Capitalism at it's finest. We boomed. Then, as most nations do, we got rich. Then we said hey we should set up more things to take care of people. so government set up things with more tax payer money. Debt was accumulating so we went to war. We went to this country and that country. Then the corporations got involved and we went to Fascism. Now we got to wars not only to offset our debt, but to secure the wealth of the elite.

[Salvysahagun]

@YaHuWaHservant

American Developmental Capitalism golden era.

We used policies of Hamilton, Lincoln, Carey, Roosevelt, and Kennedy.

We underwent Industrial projects like Interstate Highway, Hill Burton, and NASA

and almost  Nawapa - /watch?v=MFjfDYg6PEI

[YaHuWaHservant]

@Salvysahagun Your just making this stuff up lol. Roosevelt grew the government, stole gold from citizens to finance his schemes, and ended up with the exact same unemployment with simply a bigger debt. Our Golden age came when government backed off, hardly HAmitlons choice of government involvement, so again you find yourself mistaken. You can say 2_2=5 and that the sun revolves around the earth, but that doesn't make it true. cont

[Salvysahagun]

@YaHuWaHservant

And we had a boom because we used the projects Roosevelt built. The problem was he focused to much on social projects not enough industrial ones.

I don't think we would be very far with the 1920s sub 50% literacy rates. don't forget Hill-Burton which built most of the Charity Hospitals Ron Paul raves about.

Please read history

2/2

[YaHuWaHservant]

@Salvysahagun Hitler built the Autobahn that people still use today. The cost and sacrifice of these projects do matter. If you support good things through theft so much then you should support me ribbing you to buy things I want. Because that's all Roosevelt did. Lastly all the good projects undertaken in the 20's came about because of an artificially boom which lead to the bust. You can't cheer for the good things and be mad at the consequences. /watch?v=N7NQO5r9_qk

[YaHuWaHservant]

@Salvysahagun Lastly, Roosevelt built those things by stealing Gold from American citizens through executive order so thank you again for praising theft. He stole money from people, built cool things with it, and had the same amount of unemployment with a bigger debt. Sure when government got out of the way after the war and our country was finally able to boom we made use of these things, just as people make use of the Autobahn. Please learn your history.

[YaHuWaHservant]

@Salvysahagun Your inability to factor in deductibles to the high tax rates is your own folly. Also the fact that you have no understanding of a free market. Free market is not no government it is limited Government. All Government exists to do is protect your rights. Their business in the market is to protect contractual obligations and private property rights. Not to subsidies this group, cut competition of this group, etc. that is how we got the Fascism of today

[Salvysahagun]

@YaHuWaHservant

I really want to know how old you are? honestly.. I'm thinking 15.

The Autobahn was very successful.

And guess what? once those projects where used America built the greatest prosperity ever.

We never pursued any America styled policies in the last 10 years. so sorry your wrong.

The Free Market Has NEVER existed nor can it. Name three era of prosperity thanks to Free Markets? Non?

Taxes in the 1950s where 91% deducted down to 40%

[YaHuWaHservant]

@Salvysahagun Actually taxes in the 1950's were 91% deducted to less then 30%. One of the biggest deductions ion the 1950's was the 1 to 1070 deduction. This was that if you put 1 dollar of your profits into your company you got a tax deduction of 1070. So any business which decided to expand, give raises, buy more equipment, etc got thousands of dollars of a deduction for each dollar. We pay much higher taxes now in comparison. cont

[Salvysahagun]

@YaHuWaHservant

this is hilarious you just spewing Peter Schiff, Ron Paul, or Lew Rockwell research.

no data for yourself.

Hitler built Autobahn good

Hitler commits mass genocide 6 years later bad.

Apples and Oranges.

Please do some of your own research and stop being a sheep.

[YaHuWaHservant]

@Salvysahagun Roosevelt built nice things good. Roosevelt did this through theft and executive order to steal the Gold people had saved up. Bad. Funny how hypocrites are so easy to point out. You can't support what Hitler did without supporting what he had to do to achieve it. For instance, I pay for my dying mother's medical bills. Good. I do so by way of stealing/murder from other people. Bad. Also while your economists were saying the housing bubble would never end they predicted it :)

[Salvysahagun]

@YaHuWaHservant

The gold was to counter deflation.

My economist called the actual crash (derivatives) while right wingers just think it was a housing bubble but won't acknolewge the real problem.

Please do some actual research of data not just Austrian School propaganda.

[YaHuWaHservant]

@Salvysahagun The housing bubble was caused by two things. 1) Federal Reserve set artificially low interest rates encouraging banks to borrow more money because it appeared their were more savings in the market then were actually there. 2) The Government subsidized banks losses. If banks made a loan to groups deemed risky they now had the comfort of knowing that the Government would foot the bill on their behalf. cont

[YaHuWaHservant]

@Salvysahagun This encouraged banks to make all of these loans that under normal circumstances they would not have made. This lead to their wealth to grow a few hundred percent during the bubble build up. Well all good things come to an end and the bubble crashed when the federal reserve finally had to raise interest rates. /watch?v=mDp65Juibes&feature

[Salvysahagun]

@YaHuWaHservant And this has to do with the Derivatives bubble how?

Webster Tarpley debunks Austrian nonsense nonsense

/watch?v=rlJT-5w21IY&feature=r­elated  ----->good one

/watch?v=bO_pRL7JSvo -----> better year

/watch?v=sV7vjDNON2w -------> BEST ONE

[YaHuWaHservant]

@Salvysahagun We don't disagree with the derivatives part. What I am saying it is the FED and the Federal Government whom created the bubble. You seem to disagree even though Tarpley does not. with regards to Tarpley's view on Ron Paul I have always been confused. On the one hand Tarpley says we can't bring the troops home and on the other hand he says we are the terrorists in other countries. Also Austrians were kicked out of Nazi Germany and their books were banned :)

[YaHuWaHservant]

@YaHuWaHservant I point out that Tarpley is waking up to the Bog Government sellouts destroying this country and becoming a ruling class.

[Salvysahagun]

@YaHuWaHservant

Derivatives where banned until Reagan legalized them.

What are you spewing nonsense?

[YaHuWaHservant]

@Salvysahagun I would ask the same of you since I never even mentioned when derivatives were legalized. I simply pointed out that I agree that derivatives played their roll, the problem which was created by Big Business and Big Government. Reagan also had some fun dealings with the Contras. Other irrelevant information to our discussion, but if you are simply on a Reagan binge their you go :)

[YaHuWaHservant]

@Salvysahagun Also Webster Tarpley is waking up to the stupidity of Big Government being trusted to boost the economy through spending: /watch?v=U4bILja_fXw

[YaHuWaHservant]

@Salvysahagun So to summarize our entire conversation until this point you say Bog Government and Government spending is good for the economy/people. I point out any good the Government has actually achieved they did at a bad cost to people. You say derivatives destroyed the economy. I do not disagree although I blame the Federal Reserve and Government. You bring up Webster Tarpley agreeing with both of us about derivatives, but add in how he doesn't like Ron Paul. cont

[YaHuWaHservant]

@Salvysahagun Alson Peter Schiff agrees about derivatives :) /watch?v=zp21OqnBIBw

[YaHuWaHservant]

@Salvysahagun Thank you again for showing both ignorance on economics and hypocrisy on theft/murder :)

[YaHuWaHservant]

@Salvysahagun Secondly, we have been fascist for the last 20-30 years respectively so of course we have not pursued these projects, unless you count the billion dollar embassy in Baghdad which is bigger then the Vatican. However, if I was legally allowed to steal the money from the American people once in awhile I too could build something people could use. Does this justify my theft? Also thank you for liking the Autobahn. The price was many Jewish lives but small cost right?

[YaHuWaHservant]

@Salvysahagun /watch?v=UGL-Ex1CD1c

[YaHuWaHservant]

@Salvysahagun Actually come to think of it you must love the economics of the last 3 presidents right? High regulations, Government and Business in bed together, higher debt, etc. I mean sure we need to get more loans from other countries to survive, get more loans from the FED, continue to got o war to profiteer simply to keep our country afloat, but hey we get a highway out of it!

[YaHuWaHservant]

@Salvysahagun Lastly, I have already explained to you how Government can perform the act of constructing Highways and such but it is more expensive then letting it develop privately and they get their money through theft. In the end when debt accumulates they sell off these private things to Big Corproations anyway who then put in the toll booths anyway. You seem to be willfully ignorant, but if you do support governments plans then you must love Hitler. Built autobahn, boomed economy, etc.

[Salvysahagun]

@YaHuWaHservant

OMFG your economic history is retarded.

I am ignorant? I just stated Several program used during the Golden Age of Capitalism to expand growth.

Tariffs, Excise Taxes, and Debt Free Money are the best ways to fund expansionary policies.

The Gilded Age was dominated by Hamiltonian Economics. Tarrifs peaked at 57% unde Mckinley (Patriot)! and they where lowest at 28% under Cleveland (Disaster)!

Your free market no government society is a FAIRY TALE.  It does not exist.

[YaHuWaHservant]

@Salvysahagun 1) The tariffs when they were at 57% had so many deductibles that no one ever paid those high taxes. Cleveland lowered tariffs to 28% and removed most deductibles. Which made that 28% more expensive. Lastly, we get all of our money on loan from the FED. It comes with interest. We have not had debt free currency since 1913 so yes you still show your ignorance.

[Salvysahagun]

@YaHuWaHservant

You can't deduct Tariffs are you retarded?

The 57% was AFTER Cleveland.

Do you even know what your talking about?

honestly, please Their was not FED when Tariffs where that high. In 1913 Tariffs where sub 20%..

Please Educate yourself.

[fabes0011]

Hoover is free market? Hoover dam was govt project and named after Hoover where he was the tosser who approved it. where on earth do people get info from?

[miazagora]

@fabes0011 What are you talking about? She DEBUNKS the myth that Hoover was a free market guy.

[machwon]

Yea but you're using facts, I don't like that. I'd rather see Rachael Maddow put on a paper mask and ridicule Hoover and listen to Krugman tell us we need a fake alien invasion.

Does your plan involve a fake alien attack? I think not. I rest my case.