The stimulus package is going to fail.

[CMartel2]

Originally Posted by Huckleberry3911948

yep that is what my great grandparents used to hear their parents say, then they ended up in the orchids of california picking peaches for 5 cents a bushel.

I'm not sure what you're implying here. If it's in favor of government intervention/spending, I can't say I buy it.

The Great Depression didn't end with The New Deal. It took WWII to eventually create the stimulus to push the US forward. In 1938, the unemployment rate was 19.0%.

It wasn't until 1941 that unemployment figures dipped below 10%. The government had very little to do with it.

That said, the Great Depression did illustrate one thing: there was a time when economic forces pushed people to move. Frankly, there needs to be an immigration away from California. There's no reason for the rest of us to prop up that state when there are jobs available and far more affordable homes in places like Nebraska and Oklahoma.

[oakparkdude]

Originally Posted by CMartel2

It wasn't until 1941 that unemployment figures dipped below 10%. The government had very little to do with it.

What do you mean the government had very little to do with it? It was government spending on bombers, tanks, submarines, etc which brought us out of the Depression.

[CMartel2]

Originally Posted by sukwoo

What do you mean the government had very little to do with it? It was government spending on bombers, tanks, submarines, etc which brought us out of the Depression.

Exactly what I said. A gigantic stimulus came from a catastrophic fluctuation in world events. WWII was not a government action. There was a government response--a giant shift in demand on a global scale.

Go read the above posts and follow the stream of the argument. I was speaking of limited government and personal accountability. Another said that was great until you end up picking peaches.

[gwynedd1]

Originally Posted by CMartel2

Exactly what I said. A gigantic stimulus came from a catastrophic fluctuation in world events. WWII was not a government action. There was a government response--a giant shift in demand on a global scale.

Go read the above posts and follow the stream of the argument. I was speaking of limited government and personal accountability. Another said that was great until you end up picking peaches.

Hi CMartel2,

And yet it fundamentally does not matter if it was an action or a reaction. It was an increase in the money supply that reversed the depression due in part to government spending. Why not just offer tax credits for civilian goods? Its really a very simple problem to solve. The corruption preventing the will to solve it is a complex problem.