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

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Uploaded by on Oct 16, 2009

On October 12, 2009, the Hauenstein Center for Presidential Studies and the Seidman College of Business at GVSU co-hosted a debate between Bloomberg's Amity Shlaes and Newsweek's Jonathan Alter. The debate was titled "Nothing to Fear? Debating the 1929 Economic Collapse," and was hosted at Fountain Street Church in Grand Rapids, Michigan.

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  • 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?

  • "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.

  • @boing3887

    hell to the yes! nice!

  • Wipe the floor with her, Jonathan!

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

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

    take that shlaes

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