I don't understand Obama's glorious new deal...

[Regolith]

The idea that Roosevelt prolonged the depression and that his New Deal had nothing to do with bringing the economy out of it is clearly a minority view.

The prolonged part? Maybe, but even my leftist college history teacher (who absolutely dotes on the New Deal) admits that the thing that dragged the economy out of the gutter was the massive wartime mobilization of manufacturing during WW2, and NOT the New Deal.

[MicroBalrog]

The idea that Roosevelt prolonged the depression and that his New Deal had nothing to do with bringing the economy out of it is clearly a minority view.

So?

[El Tejon]

Mane, relax, this is how they do it in Chicago.  Daley's dream is to have everyone working for him.

Barry wants the power that Daley has.

[De Selby]

The prolonged part? Maybe, but even my leftist college history teacher (who absolutely dotes on the New Deal) admits that the thing that dragged the economy out of the gutter was the massive wartime mobilization of manufacturing during WW2, and NOT the New Deal.

Wartime mobilization was the ultimate New Deal-that was where Roosevelt basically had command of the entire economy, and the government directed who would make what from Washington.

"Mobilization" wasn't free market, it was directed by the Government. 

[280plus]

Warning: thread veer.

The point was the CCC didn't just pave roads, a lot of your national parks are also a result. Meanwhile, I'm sticking with my wait and see attitude. Only time will tell.

[makattak]

The idea that Roosevelt prolonged the depression and that his New Deal had nothing to do with bringing the economy out of it is clearly a minority view.

I don't see why we have to pretend that these sorts of programs can't lead to development and growth-they undoubtedly can, and sometimes they do so far better than a straight market system. 

>.<

Really? It's only a minority view because no one knows economics in this country!!!!

I'm sorry, why is it people listen to doctors about their health or mechanics about their cars but think they can pontificate on economics with NO IDEA what they are talking about?

[Headless Thompson Gunner]

The idea that Roosevelt prolonged the depression and that his New Deal had nothing to do with bringing the economy out of it is clearly a minority view.

Haven't studied economics much, have you?

[El Tejon]

Minority view?  Minority of the CLAMs, right?

[makattak]

The prolonged part? Maybe, but even my leftist college history teacher (who absolutely dotes on the New Deal) admits that the thing that dragged the economy out of the gutter was the massive wartime mobilization of manufacturing during WW2, and NOT the New Deal.

And this is yet another fallacy.

Removing the restrictions imposed by the New Deal (which occured DURING WWII) is what brought about economic recovery.

Blowing up a ton of tanks didn't help the economy. It's just that the economy deals with war far better than regulation. (At least when the war doesn't massively destroy your infrastructure).

[charby]

I am worried that this New Deal is going to create projects to enable people to live where resources don't exist to sustain the population. I'm talking about water. How many dams and aqueducts are going to be built to supply water to the South West in this new deal?

There are a lot of roads/bridges that need to rebuilt and changed, so that will have some benefit, but as mentioned earlier I am concerned about some pet project some where.

There are ton of things that could be done for common good. We had massive flooding the Midwest this summer, a lot of that is tied back to loss of wetlands to hold water in time of flooding, perhaps those could be restored. Turn the flood zones into green spaces so flood waters can rise with minimal property damage. I hope if this happens the big picture gets looked at, not small special interests.

[bmitchell]

How else will the Rio Norte line be completed on schedule?

Ben

[AZRedhawk44]

How else will the Rio Norte line be completed on schedule?

Ben

And we need people to slug the furnaces, too.

[De Selby]

>.<

Really? It's only a minority view because no one knows economics in this country!!!!

I'm sorry, why is it people listen to doctors about their health or mechanics about their cars but think they can pontificate on economics with NO IDEA what they are talking about?

Where are all these economists who think the semi-command economy and massive government spending of the New Deal and WWII retarded growth? 

[MicroBalrog]

Where are all these economists who think the semi-command economy and massive government spending of the New Deal and WWII retarded growth? 

Right here.

And here.

And here.

And here.

And also here.