Originally posted by: destrekor
Originally posted by: Siddhartha
Anybody want to guess where the US economy would be right now if the Federal government had done nothing to stop the collapse of the financial markets?
I do not understand people who want an economic depression.
Umm... it's called how life works. When things start failing, we pick up the pieces and move on. Not tender our wounds, be stubborn and do everything possible to preserve everything the way it already was. Does no one understand, that whatever helped push us toward failure, is still here thanks to our government doing everything it can to ensure that is the case?
Free-market economies work best when they are given the chance to be free. As many have said, too big to fail... but that was countered with one senator - too big to fail, too big to exist.
President Ford - A government large enough to provide you anything, is one large enough to take from you everything. Although this at a time when the government was already starting to excessively grow unchecked.
I don't want a recession, but I don't think we are getting the chance to really dodge one either. All we are doing right now is prolonging the hurt. Get it over with, get some new corporations who will probably be better, learn from our mistakes and grow from it. Not drag our feet, crying all the way and hoping we can return to exactly what we had. Where's the goal of change when all we want is to go back to what we had?
It's funny how that always works too. Nobody ever complains until the problems really start coming in. And then, it's so easy to drop things just so we can try and bail ourselves out.
When the problems roll in, it seems easy for Americans to turn a blind eye toward the Constitution and clamor for the supposedly "easy fix", when said fix is completely against everything we Americans had historically ever stood for. Nobody ever wants to deal with the pain immediately and would rather make sweeping government changes in hopes that we can stay in a peaceful time.
Such a wonderful life if that's how we always want to live it. Me? Sorry. Gives me a depression over grand social programs wasting more of our money and making the next generation even more pussified."
You need to read about the 1929 depression before you choose between the resultant social, economic, and political upheaval and "grand social programs wasting more of our money and making the next generation even more pussified".
BTW in a depression you will probably loose your job and will not have any money.
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