Conservatives have no ideas what to do about recessions
POSTED BY: kpo
UPDATED: Monday, March 9, 2026 17:30
VIEWED: 29022
PAGE 25 of 25
Quote:
Originally posted by 1kiki:
I'm curious if you're parroting slogans or are speaking from a position of knowledge.
Which particular incorrect course(s) led to the Great Depression?
Allowing crooks to have too much sway in the Market, crashing the London Stock Market with the arrest of Clarence Hatry and cronies for fraud and forgery, thus weakening the New York Stock Market. Later, the Us Stock Market "crashed" by dropping a mere 36% in October 1929. (2001 had a drop from about 12,000 down about 40% IIRC, 2008 had a drop from about 14,000 down about 55% IIRC) This crash was also pushed by the Smoot-Hawley Tariff Act (AKA raising taxes), which Hoover was promising not to Veto. Tariff rates went up to 59% (1932), exceeded only by the 61.7% rate of 1830.
Then FDR put everything under government control. Work "projects" and such.
Raising taxes.
More government control, subsidy, regulation.
Sound familiar?
Granted, Hoover, Smoot, and Hawley were all claiming to be Republicans (clearly not conservatives), and should have known better - maybe they actually did know better. They all lost re-election in their next race.
Raising taxes and more government regulation are not the hallmarks of Conservatives, I expect you can agree on that.
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Biden USSR style shopping? Bidenflation ? ?
CNN on Supply Chain Crisis: Consumers Can’t Expect to Shop Like Pre-Pandemic ‘Before Times’
https://www.breitbart.com/politics/2021/10/12/cnn-on-supply-chain-cris
is-consumers-cant-expect-to-shop-like-pre-pandemic-before-times/
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Ah, the good ole days when we used to have logical, on-point discussions instead of endless name-calling, lies, libel, and ... more lies.
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Pity would be no more,
If we did not MAKE men poor - William Blake
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Quote:In the past 8 years, this fact has been proven, thrice, in what is now history.
Originally posted by JEWELSTAITEFAN:Quote:Incorrect. They do have a specific policy, but it is not different from their normal policy. Ignore and do the opposite of their policy, recession occurs. Conform to their policy, recession is resolved. Just because their policy is not followed does not mean the policy is faulty, it means the fault lies in not following the policy.
Originally posted by kpo:Quote:That's not an assumption, that's a moral and intellectual position. The point of the thread was to point out that conservatives don't have a specific policy answer to recessions.
JSF: You are trying to assume that government SHOULD do something to control economic cycles
By not following successful policies, Obamination continued to strangle the economy.
Then, with the election of Trump and the restoration of conservative fiscal policy, the explosive ramp-up of the economy, the historic low level of Unemployment.
And again, following the Election Theft to install Lord Darth Obiden, the policies to destroy the economy are resumed for Obaminomics 3.0 - meaning conservative policy template was not followed.
If there was a need to change policies, it would be when the strong economy has been sustained for too long, and might need to be moderated. But this has never happened. Following non-conservatives Smoot, Hawley, and Hoover, America fell into the hell of Democrap control for 60 years.
So, for 100 years, there has been no sustained period when successful policies have been followed, not enough to stop the policies of success. The short periods are constantly interrupted by Libtards and other Democraps who insist upon destroying America.
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Trump’s worldwide baseline 10% tariff kicks in as stock markets plummet & top bank warns of global recession
https://www.thesun.co.uk/news/34229753/tariffs-trump-liberation-day-li
ve-updates-tax-canada/page/6/
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I voted for Trump for ‘America First’ — not to go to war
https://www.bostonglobe.com/2026/03/03/opinion/trump-iran-america-firs
t/
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