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#1
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posted to rec.boats
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History repeating itself?
http://tinypic.com/r/2utp150/3 -- "Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end." |
#2
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posted to rec.boats
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On 14/07/2010 3:42 AM, Harold wrote:
History repeating itself? http://tinypic.com/r/2utp150/3 I a word, YES. -- Government has liberals, idealists and lawyers, but where is the common sense? |
#3
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posted to rec.boats
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On 7/14/10 8:29 AM, Canuck57 wrote:
On 14/07/2010 3:42 AM, Harold wrote: History repeating itself? http://tinypic.com/r/2utp150/3 I a word, YES. What? That a Democratic president in the 1930s saved the country from the total ruin created by a Republican president? |
#4
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posted to rec.boats
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On 14/07/2010 6:37 AM, Harry  wrote:
On 7/14/10 8:29 AM, Canuck57 wrote: On 14/07/2010 3:42 AM, Harold wrote: History repeating itself? http://tinypic.com/r/2utp150/3 I a word, YES. What? That a Democratic president in the 1930s saved the country from the total ruin created by a Republican president? Took a world war to fix the great depression of 1929. War today is too efficient for it to work again. -- Government has liberals, idealists and lawyers, but where is the common sense? |
#5
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posted to rec.boats
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Canuck57 wrote:
On 14/07/2010 6:37 AM, Harry  wrote: On 7/14/10 8:29 AM, Canuck57 wrote: On 14/07/2010 3:42 AM, Harold wrote: History repeating itself? http://tinypic.com/r/2utp150/3 I a word, YES. What? That a Democratic president in the 1930s saved the country from the total ruin created by a Republican president? Took a world war to fix the great depression of 1929. War today is too efficient for it to work again. When did that war start? GNP and unemployment was at its worst in 1934 and had vastly improved by the time we started gearing up for the war. |
#6
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posted to rec.boats
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![]() "Harold" wrote in message ... History repeating itself? http://tinypic.com/r/2utp150/3 -- "Political correctness is a doctrine, fostered by a delusional, illogical minority, and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end." Yeah, from 1934... and yet spending made real progress with the economy. FYI, history rarely repeats itself, but it rhymes a lot (Mark Twain). |
#7
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posted to rec.boats
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![]() "Canuck57" wrote in message ... On 14/07/2010 3:42 AM, Harold wrote: History repeating itself? http://tinypic.com/r/2utp150/3 I a word, YES. -- Government has liberals, idealists and lawyers, but where is the common sense? You a word: STUPID |
#8
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posted to rec.boats
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![]() "Jordon" wrote in message ... Canuck57 wrote: On 14/07/2010 6:37 AM, Harry  wrote: On 7/14/10 8:29 AM, Canuck57 wrote: On 14/07/2010 3:42 AM, Harold wrote: History repeating itself? http://tinypic.com/r/2utp150/3 I a word, YES. What? That a Democratic president in the 1930s saved the country from the total ruin created by a Republican president? Took a world war to fix the great depression of 1929. War today is too efficient for it to work again. When did that war start? GNP and unemployment was at its worst in 1934 and had vastly improved by the time we started gearing up for the war. Exactly. |
#9
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posted to rec.boats
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![]() wrote in message ... On Wed, 14 Jul 2010 07:54:07 -0700, Jordon wrote: War today is too efficient for it to work again. When did that war start? GNP and unemployment was at its worst in 1934 and had vastly improved by the time we started gearing up for the war. Huh? That was a classic double dip recession/depression and unemployment was back up to 17% in 1938. It was a jobless recovery and there was not much private sector growth going on. The growth was in government. ... much as we are seeing now. The private sector is sitting on their cash, waiting to see what the effect of health care, financial reform, carbon taxes and other regulation will have on their business before they are willing to hire people, particularly full time people. Most of the hiring that is going on is part time or temp jobs, not "career" jobs. I am not sure companies are even interested in offering careers these days. They really seem to prefer "contractors" who can be let go with virtually zero notice and no future obligation. When was the last time you saw an "employee" installing phones, satellites, cable or software? They must have been old guys who haven't been laid off yet. Unemployment dropped steadily from 1934 to 1937, then came back up a bit losing about 1/2 the ground it made up. It was partially a jobless recovery and partially not. http://static.seekingalpha.com/uploa...employment.jpg We are not in a depression. |
#10
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posted to rec.boats
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![]() wrote in message ... On Wed, 14 Jul 2010 11:06:12 -0700, "nom=de=plume" wrote: wrote in message . .. On Wed, 14 Jul 2010 07:54:07 -0700, Jordon wrote: War today is too efficient for it to work again. When did that war start? GNP and unemployment was at its worst in 1934 and had vastly improved by the time we started gearing up for the war. Huh? That was a classic double dip recession/depression and unemployment was back up to 17% in 1938. It was a jobless recovery and there was not much private sector growth going on. The growth was in government. ... much as we are seeing now. The private sector is sitting on their cash, waiting to see what the effect of health care, financial reform, carbon taxes and other regulation will have on their business before they are willing to hire people, particularly full time people. Most of the hiring that is going on is part time or temp jobs, not "career" jobs. I am not sure companies are even interested in offering careers these days. They really seem to prefer "contractors" who can be let go with virtually zero notice and no future obligation. When was the last time you saw an "employee" installing phones, satellites, cable or software? They must have been old guys who haven't been laid off yet. Unemployment dropped steadily from 1934 to 1937, then came back up a bit losing about 1/2 the ground it made up. It was partially a jobless recovery and partially not. http://static.seekingalpha.com/uploa...employment.jpg If you consider a jump from 12% to 17% "a bit" I suppose you are right but that is a 50% increase. (a couple million more people out of work) And, if you consider a greater drop in unemployment number (mid-20s to low-teens)... We are not in a depression. It depends on if you are the one out of work doesn't it? ;-) Yes... definitely right on that... it's a recession when you're neighbor is out of work; it's a depression when you are. ![]() "Depression" was a word invented to avoid the former term "panic". (as in "this is just a little depression in the economy") Once people figured out how bad it was they knew they were screwed but the word stuck. |
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