Skip to main content

View Diary: I am a conservative and proud to be one ... (11 comments)

Comment Preferences

  •  New Deal Policy creates a stable economy (3+ / 0-)

    50 yrs of shallower and shorter recessions.

    Go from a depression every 20 years and a economic downturn every 4.3 yrs, to No Depressions and only 3 recessions where the Annual GDP dips below -2%.

    It does not conserve labor to shed 15% to 30% of jobs every 4.3 yrs. Labor is a resource and needs to be treated equally to trees, water, clean air,. TO value capital  over Labor  is to treat labor in such a way as to erode its value, and thusly its ability to provide return. Just like a river.

    Risky market speculation is... conservative? Bubbles are brought about by liberalization of banking regulations like the Glass Steagal bank firewall being repealed.

    I posit that Labor is a resource akin to Clean Air,  Clean water, Prairie, Forests etc.

    FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Tue Nov 13, 2012 at 11:21:22 AM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

  • Recommended (125)
  • Community (60)
  • Elections (31)
  • Media (31)
  • Trans-Pacific Partnership (30)
  • 2016 (29)
  • Law (27)
  • Environment (27)
  • Barack Obama (24)
  • Civil Rights (24)
  • Hillary Clinton (23)
  • Culture (23)
  • Republicans (22)
  • Science (21)
  • Climate Change (21)
  • Labor (19)
  • Economy (19)
  • Jeb Bush (18)
  • Josh Duggar (18)
  • Bernie Sanders (17)
  • Click here for the mobile view of the site