Yes, Anthony, and, that is exactly what WWII did, when that Largest of Largest Socialized Spending Programs ran it's course.  WWII demanded and produced goods, services and jobs.  WWII was not a socialized relief program.  It was, though, the largest socialized spending program in history.  John M. Keynes had it right ...more

As has been said by Presidents, both Republican and Democratic, Social Security has nothing to do with the deficit.  Increasing the Social Security tax to 7.5% would go along way to addressing any funding issues. Increasing or removing the income "cap" would be another really good idea.  I do believe 7.5% was what I pa...more

Well, if that doesn't bring a comment.  First, why worry?  This administration wouldn't enforce the law with HSBC bank after that bank was convicted of trafficking money for drugs dealers and terrorists.  The Attorney General says that the Administration was told enforcing the law might bring some economic turmoil.  So...more

So long as the voting population requires that elected officials "seek" them; the voting population sits and waits for someone to "pursuade" them, money which is necessary to "seek" them will not be reduced from the political process.  No amount of legislation or reform will be effective.

Nice piece!  I hope it gets read inside and outside the beltway.

Not quite like that FLacct:  During the Great Depress. purchasing capacity was, as it is today, stagnated in a small percent of the population; the result of a stock market bubble as our situation today is the result of a loan industry bubble.  WWII, as an economic stimulus, looking past the rubble it caused, put peopl...more

WWII was a govt. spending program and it put all of America back to work at prevailing rate jobs, creating customers for our economy for the next 20 years.  WWII had the political consensus of the Country.  What else can we do that would provide the same economic demands and results as did WWII?  This is not philosophi...more

oi812 No, not quite like that.  Yes we had the only manufacturing capacity.  But, we were the only economy that had a capacity to buy anything made by anybody.  One of the things that WWII did was to put people to work at what we would call today: "Prevailing Wage".  Prior to our entry to the war the purchasing capcit...more

Senate minority leader McConnell said that WWII ended the great depression while arguing against stimulus packages/socialized spending.  I would ask the senator and all what they thought WWII was.  First and foremost it was the largest socialized spending program in history.  The result was 20 years from 48' to 68' of ...more