Who ever or what ever has caused the financial problems of this country and the world at this point it dosen't matter anymore. If all the governments of the world would have left industry alone they would have found a way to recover they have in the past and they would have this time. Of course there was some other influences involved but business would have recovered probably by now. Big government can solve anything. To bad we cant do a recovery with the world like we do with a computer.

Originally Posted by DDoug

Who ever or what ever has caused the financial problems of this country and the world at this point it dosen't matter anymore. If all the governments of the world would have left industry alone they would have found a way to recover they have in the past and they would have this time. Of course there was some other influences involved but business would have recovered probably by now. Big government can solve anything. To bad we cant do a recovery with the world like we do with a computer.

If left alone, the economy will fix it self. That's the economics that I was taught.

An immediate infusion of government money to industry allows industry to continue with poor management practices and to not make some very painful decision in order to get back to being effective and efficient. Far too many people have come too dependent on government to a point that if government didn't intrude they probably would allow themselves to starve to death because they were helpless. We learn as people not to feed animals because they need to learn to forge for themselves yet people do not make this connection.

For what its worth I really agree with the theme of this thread. Reading today that our new little stock downer is connected a lot to Europe where they had it going in the right direction and then began to back off the austerity

This from the link I am supply that you may find interesting as I think it speaks to your thoughts...

"Regrettably, most of these government actions address symptoms rather than the disease itself. They “cure” gangrenous limbs with Lidocaine rather than amputations. As a result, a smattering of politically connected banks and corporations feel better, but the overall economy remains deathly ill".

How Bailouts Encourage Bad Behavior - Business Insider

CMANN: So why did it take World War Two to get us out of the depression?

Originally Posted by djplong

CMANN: So why did it take World War Two to get us out of the depression?

Because it created the the engine of production that even FDR's destructive domestic policies couldn't slow down.

War, natures way of reducing human population so that the survivers can mess thing up again. Survivers = the government.

Thats why Eisenhower who really started Nam was because of the sever rescission in the late 50's a war economy is always profit and employment oriented. More product more money more employment and yes reduction in population.