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 Cagsil 6 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 Ross Harrison 6 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 Demas W Jasper 23 months 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 peter565 2 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 janesix 5 years ago
Are you ready? Time to wake up people.
by Cathleena Beams 6 years ago
Do you find it hard to get off Hubpages and end up staying much longer than you meant to?If so, what do you think it is that snags or detains you.
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|