For anyone that doubts this comment. There are Economists from UCLA that proved mathematically that NIRA, the National Industrial Recovery Act, a piece of New Deal legislation, lengthened the Great Depression by at least 7 years all by itself.
The reason is that FDR's administration was so economically ignorant they theorized that low prices by companies were leading to low wages, so NIRA allowed companies to engage in collusion, which is normally illegal, so long as producers sent some of the extra money to their workers. This resulted in the price of goods skyrocketing and a very minor increase in wages, which lead to severe economic stagnation and the middle class and the poor couldn't afford even basic amenities.
Within a year or two of it's passing, NIRA was struck down as unconstitutional, but because FDR had stacked everything with political appointees, it was still enforced for several years after it was deemed unconstitutional.
That single piece of legislation resulted in 7 years economic depression. Just imagine what the rest of the New Deal legislation did.
Source: studied this in college getting my Econ degree. The UCLA studies are archived online.
It was WW2 that brought us out of the Depression as well as Truman. FDR was able to use the novelty of the radio to manipulate people. FDR was the original media manipulator. He brought on the Big Government into our lives.
Duckett the 22nd amendment, the 22nd amendment is the most disastrous thing to have happened to America. Those who wish the demise of America all bank on the 22nd amendment. Most especially Xi, he's waiting for 2024 to do the tweakers jig.
No, you do. It's a 9 digit number they assign you at birth and use to track all your most important transactions and it has Social in the name.
Sounds real American, doesn't it?
BASED
For anyone that doubts this comment. There are Economists from UCLA that proved mathematically that NIRA, the National Industrial Recovery Act, a piece of New Deal legislation, lengthened the Great Depression by at least 7 years all by itself.
The reason is that FDR's administration was so economically ignorant they theorized that low prices by companies were leading to low wages, so NIRA allowed companies to engage in collusion, which is normally illegal, so long as producers sent some of the extra money to their workers. This resulted in the price of goods skyrocketing and a very minor increase in wages, which lead to severe economic stagnation and the middle class and the poor couldn't afford even basic amenities.
Within a year or two of it's passing, NIRA was struck down as unconstitutional, but because FDR had stacked everything with political appointees, it was still enforced for several years after it was deemed unconstitutional.
That single piece of legislation resulted in 7 years economic depression. Just imagine what the rest of the New Deal legislation did.
Source: studied this in college getting my Econ degree. The UCLA studies are archived online.
It was WW2 that brought us out of the Depression as well as Truman. FDR was able to use the novelty of the radio to manipulate people. FDR was the original media manipulator. He brought on the Big Government into our lives.
Get fucked. Deport
Duckett the 22nd amendment, the 22nd amendment is the most disastrous thing to have happened to America. Those who wish the demise of America all bank on the 22nd amendment. Most especially Xi, he's waiting for 2024 to do the tweakers jig.