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Reply to "California -- A Democrat Wrecked Golden Goose"

Stanky posted:
SirWasabi posted:

We now have the same miserable failure of Republican policies that caused the great depression of 1929 and the recession of 08. It would take an idiot to not know what comes next.

It takes a special kind of political idiot to continue to "whistle past the graveyard" while hoping that the calamity happens when the other political party has the White House. Both the Marx and Mussolini (Socialist and corporatist) wings of the Democratic party have closed the steam valves on the boiler and the pressure is rising. If there is some damage now from venting steam, its nothing compared to the explosion later.

It takes an even more special kind of idiot to equate the two.  The interventionist policies of the Republican party's first progressive president, Hoover, converted a recession into the Great Depression.  Actions of the subsequent progressive Democrat president ensured the Depression lasted longer.  The reasons for the Recession are shared by government and the financial institutions.  Obama borrowed $9 trillion attempting to jump start the economy -- resulting in the worst recovery in the last 100 years -- an average GDP increase of 1.8 percent and a great debt.


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