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Many smart people argue that the New Deal prolonged the Great Depression due to the government's incessant meddling in the market with price controls and new re
by clarkmoody 11y ago
Many smart people argue that the New Deal prolonged the Great Depression due to the government's incessant meddling in the market with price controls and new regulations.
- deleted 11y ago[deleted]
- jellicle 11y agoNobody honest does. But I do agree with you that any economic opinion, no matter how nonsensical and contrary to evidence, can be purchased.
- dragonwriter 11y ago> Nobody honest does. Maybe nobody who is all of honest, aware of the relevant documented facts, and sufficiently intelligent does. Maybe. But there are certainly people who are smart, people who are honest, and even people who are smart and honest that believe that the New Deal exacerbated the Depression in the way described. (Note that I very much do not endorse the idea that these beliefs are correct.)