tag:blogger.com,1999:blog-1369998004636482033.post439870434134707692..comments2023-09-01T01:25:17.121-07:00Comments on The Conservative Phrontistery : Mitt Romney Is In For 2012!!!Jhttp://www.blogger.com/profile/11927889966152627253noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1369998004636482033.post-90530891166077741212012-11-05T18:19:42.970-08:002012-11-05T18:19:42.970-08:00The point is that with government intervention, un...The point is that with government intervention, unemployment went on longer than it should have. It took several years before it was under control. While unemployment did decrease, it would have decreased faster without government intervention. <br /><br />Once again, I highly recommend reading called The Forgotten Man: A New History of the Great Depression by Amity Shlaes. She elaborate why FDR's policies didn't help America but only prolonged the economic misery. Jhttps://www.blogger.com/profile/11927889966152627253noreply@blogger.comtag:blogger.com,1999:blog-1369998004636482033.post-18254992034854197922012-10-21T00:46:29.974-07:002012-10-21T00:46:29.974-07:00"That's why the unemployment rate never d..."That's why the unemployment rate never dropped below 20% under FDR."<br /><br />You idiot! FDR was president till 1945 and according to your own graph the unemployment rate fell below 5% under FDR!Samhttps://www.blogger.com/profile/14167723383256108610noreply@blogger.comtag:blogger.com,1999:blog-1369998004636482033.post-44107739508519935992012-03-31T20:10:44.074-07:002012-03-31T20:10:44.074-07:00The point is that unemployment remained high BECAU...The point is that unemployment remained high BECAUSE of government spending under FDR. The New Deal programs actually prolonged the Great Depression and kept unemployment high.<br /><br />That's why the unemployment rate never dropped below 20% under FDR. Its the same reason why unemployment hasn't dropped below 8% under Obama.<br /><br />I highly recommend reading called The Forgotten Man: A New History of the Great Depression by Amity Shlaes. She goes into great detail on that point.Jhttps://www.blogger.com/profile/11927889966152627253noreply@blogger.comtag:blogger.com,1999:blog-1369998004636482033.post-81537022564069027502012-03-31T14:29:33.964-07:002012-03-31T14:29:33.964-07:00I don't think you're getting the point. Wh...I don't think you're getting the point. Whether or not the unemployment rate dropped below 20% during the depression what not the issue. The issue was that the unemployment rates kept rising during the term of president Hoover, who refused to pass legislation that provided relief through government spending. And also, the year that you referred to when the unemployment rate jumped up again was the year right after FDRs "court packing" crisis, which lead to a common disapproval of him amongst congress, and hence, resulted in almost all of the 2nd new deal legislation to be denied passage. <br /><br />And also, criticizing the current president, no matter how competent or incompetent he really is, is never a good way to gain support. Breaking a window makes a far worse first impression than knocking on the door.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1369998004636482033.post-12512220988399353352012-02-17T21:41:55.034-08:002012-02-17T21:41:55.034-08:00Unemployment did go down but it never went below 2...Unemployment did go down but it never went below 20% unemployment. Also, if you look at the graph, unemployment skyrocket again when the Supreme Court approved second round of FDR's programs. <br /><br />Like FDR, Obama's policies may have reduced unemployment but its never fallen below 8% as promised by Obama.Jhttps://www.blogger.com/profile/11927889966152627253noreply@blogger.comtag:blogger.com,1999:blog-1369998004636482033.post-36537428360791030272012-02-16T10:19:15.852-08:002012-02-16T10:19:15.852-08:00I'm having trouble following your logic here. ...I'm having trouble following your logic here. The graph shows that, after FDR implemented the New Deal legislation, unemployment continuously went DOWN. And, frankly, the war is just more government spending...so how is it that FDR was a failure exactly??Anonymousnoreply@blogger.com