Thread: Obama's getting it done son!

You do realize that the biggest economic growths in the last 100 years were during FDR, JFK, and Clinton, while the biggest economic declines were during W, Reagan, and Nixon right? Three of the presidents I mentioned were tax and spend liberals, three of them were trickle down economics and big military. Lets see if we can match then up.

I just wanted to add that this does not prove capitalism fails, it proves capitalism thrives. Capitalism isn't about spending money you don't have, it's about gaining money from investors, using that money to help your corporation grow and rake in more profits for you and your investors, and repeating this process over and over again eventually building something big and strong.

Assuming you wanted to prove UM's ideas about capitalism wrong by responding to his input, I'd say you're wrongly correlating political ideals with economic systems.

No, who said capitalism is wrong? Capitalism is strong, I believe (correctly) that in order to work it has to be controlled, UM believes (incorrectly) that is should be unrestrained.

Under FDR, JFK, and Clinton the government itself acted in a capitalistic way by investing in public works projects, which created thousands of jobs. The people who are looking for jobs aren't college educated white collars worker that corporations will hire, they are uneducated, blue collars works and will only be hired for building things. during FDR it was roads and bridges (New Deal), under Kennedy it was steel and materials (for the space agency,) and under Clinton it was a combination of utilities and some alternative energies.

Trickle down economics is not capitalism, it's capitalism without restraint. Tax and Spend is not socialism, it's capitalism with restraints.