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View Diary: Let the GOP balance the budget (123 comments)

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  •  So we settle for how many more years of recession? (0+ / 0-)

    & gridlock in DC?

    5-10-15-20?

    DO we destroy an entire generation or two in doing so?

    I know its not very appealing, but it does get the pain over and let the good times roll.

    ...... Social Security blogathon March 25th thru March 29th. #HandsOffmySS 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 Sat Apr 06, 2013 at 02:14:10 PM PDT

    [ Parent ]

    •  Ask those taken to Auswitz about 'good times'. (0+ / 0-)

      Those who lost everything, including the lives of children and other loved ones during the 30s.  

      Now, of course, the stakes and scope of catastrophic consequences are orders of magnitude far beyond what they were then.  Nuclear war anyone?  Further radicalization of the Muslim world?  With nukes and bio warfare and acopalyptic politcs and religion.. and of yeah, a nice festering casus beli in Isreal to light the final fuse?

      The plan is obvious for anyone who'll look: Try to win 2014 whle mitigating the damage from the ThugNihilists - and even with luck getting a little stimulus thru creative legislative and executive action (tho the latter is far more likely).  Then try to win 2016 - hoping Hillary runs and gives us another 8 years of D POTUS.  And then make sure we win enough statehouses in 2020 for 2021 redistricting.

      Yes, its a long, strategic plan.  And yes, it doesn't mean immeidate relief.  And yes, it means a whole lot of suck short-term.  But its how the Clowns of St.Raygun and HisFoolishDisciple and DarthCheney got us into this disater over the last 30 years.  Not surprising that it'll take 12 or 16 years to dig out is it?

      •  GDP growth in 1934 was 11% 35-9% 36-14% (0+ / 0-)

        There is no economic reason that justifies todays economy.

        But I'm glad to see you have a plan.

        ...... Social Security blogathon March 25th thru March 29th. #HandsOffmySS 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 Sat Apr 06, 2013 at 02:49:34 PM PDT

        [ Parent ]

        •  Entirely different economy, large #s after a 4 (0+ / 0-)

          year collapse.  Hell, much of the US was a 4th world country even in 1928.  And by 1932, the Depression was not the financial collapse of 2008: the financial dominoes had pretty much all fallen long ago in those 4 years so the primary problem was 'merely' stagnant aggregate demand.

          And, while a case can be made (and is pretty well by Krugman, stiglitz et al) that our present problem has also morphed into one largely of demand, 1932 was a much simpler time, economically, societally, technologically, politically.  Heck, the nation was mezmerized by actually being able to hear FDR live in their homes, a revolutionary development.  And, of course, you should peruse the size of FDRs majorities - Thugs were practically extinct- versus Thugs controlling the House and Ds only nominally in control in the Senate due to the filibuster.

          Not too mention that FDR didn't let the Depression just fester till the public was primed for radical reform - Hoover did that for him.  Do you really think BO being the new Hoover would have helped anyone?

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