OT: Rating the President

[Fyron]

(sound familiar? lower taxes on the wealthy make people want to borrow by lowering interest rates)"

Maybe you need to read an economics text book too. Those 2 things are in no way directly related. Lowering interest rates does not _always_ cause problems. In fact, sometimes it is the best thing to do for the economy. It depends on the current issues at hand. And, the president has NO influence/control over interest rates.

The main cause of the depression was lack of regulation of the stock market and banking institutions.

No, that is not true. There were many things that caused the depression, not just 2. Overproduction as a result of WWI caused a lot more damage than lack of regulation. Regulation in no way equals prosperity. Too much regulation does more harm than not enough regulation (unless you want to support the huge corporations at the expense of small businesses, of course).

I guess trying to help these people doesn't fit into your philosophy, but a revolution probably would have been worse

Don't pretend to know my philosophies based on an occasional post or two.

the New Deal helped alleviate the tensions.

My argument was that FDR's actions did nothing to help the economy. The GDP continued to fall throughout most of the first and second New Deals. Only WWII saved us from the depression.

As far as the deficit goes - where did you get your info or did you just make that up?

Let's see... overspending + low tax revenue = deficit.

There was a spike during WWII - but based on how you feel about war that shouldn't bother you.

And how do I feel about war? I have made no Posts indicating how I feel about war. What do you base this on?