Do you know if it's true that the depression lasted much longer in the U.S.A. than it did in...
Europe because of all the 'free' programs FDR created - welfare, ss, etc.
Heck yeah its true. Some U.S. aid programs hurt more than help. Because some people are cool with living on government aid. No disire to work just waiting for a hand out. And that attude is bad as a hold for our nation.
Not all people mind you are just sitting around waiting for a hand out. Some people just need a little help and that's cool. I'm not talking about those people.
No it isn't true. Germany is doing about as good as anyone else and much better that us. They have strong unions and the government didn't allow all the outsourcing that we see in the USA. Germany also didn't spend anywhere near the money, comparatively, as we did on corporate welfare. Too big to fail is BS. Too big to fail should mean too big to exist. Germany has mandatory paid vacation, minium wage, and other programs that support the working class. WE should have bailed out the working class and broken up AIG and the too big too fail group. No way that we can get out of this without a strong working class.
In the 1930s Japan recovered quickly from the depression. They implemented a great recovery plan and it worked. Many countries are still using those financial measures with a good deal of success. The depression lasted longer in the US. Please read my Hub on Government spending and taxes during recession. It addresses the effects of entitlement programs, taxes and spending during a recession,
by Raymond D Choiniere 11 years ago
Hey Hubbers,I'm just curious to see what you think about the title.My understanding is that it will happen within the next 2-5 years. At which time, things will change dramatically versus things today.More people will be poorer than poverty level now.More people will be unemployed.More people will...
by peter565 8 years ago
How much longer do you think the US would remain the most powerful in the world?When George Bush was in power, a lot of people think, US' time as most powerful nation in the world is limited, due to the continue crippling economy and one ill foreign policy after another, especially to do with Iraq...
by Ross Harrison 12 years ago
How much longer will our present fiat currency last?I am reading Rich Dad's Guide to Investing in gold and silver, by Mikchael Maloney. In the book he describes the history of fiat currencies and how they always fail at the expense of man's unshakeable conviction and trust in the value of...
by janesix 11 years ago
Are you ready? Time to wake up people.
by Demas W Jasper 7 years ago
How much longer will you have to wait for Spring where you are located?It is now March 9, 2015. March 20th in the USA is (as I recall) termed "the first day of Spring." Such a designation for a country as large as the USA may be some kind of an average designation.What does...
by sisterju 14 years ago
my female toy poodle is 2yrs old. She has never had a heat yet hom much longer?
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