Hitler had a moustache. Obama doesn’t. It’s a transparent attempt to avoid reminding voters of the many physical similarities between the two. Likewise Obma’s altered his height and skin color.
OK, some of you may remember the first time I started a thread on Obama=Hitler Guy about six months ago. He claims to be some form of student of history and is now sending in letters to the editor in our local, small town newspaper. I am tempted to reply so he and I can get a sort of Adams-Jefferson thing going her.
He and his wife have become quite a local power bloc due to the recent elections thought I, for one, am doubtful about his efficacy. However, he has made it clear that he plans to run for something local in the next few years.
Anyway, enjoy. And I’ll join in the fun if this gets enough traction.
The most glaringly obvious error is that Roosevelt did not have any Keynesian Advisors, since Keynes didn’t publish until 1936.
Either Obama=Hitler doesn’t know what he’s talking about since The New Deal began three years before Keynes even published, or Roosevelt had time traveling advisers. Personally, I’m hoping for the second option, because that would be too cool.
[QUOTE=Obama Hitler Guy]
Productivity improved, wages grew, the stock market tripled, and the middle class strengthened while average citizens began to purchase former luxury items like cars and radios. Rather than the nearly decade-long depression of the 1930s, the “Roaring Twenties” were a time of unprecedented prosperity in America.
[/QUOTE]
Surely the Roaring Twenties were a period of “unprecedented prosperity” that was a house of cards based on overstretched credit, the proceeds of which were based on a bubble stock market? Which happened under Coolidge’s distinctly non-Keynesean policies.
Furthermore, if, as most people agree, it was WWII that got the US completely out of depression, well you couldn’t really get much more Keynesean than hand-over-fist war spending, now could you?
Quoting this in its entirety seems problematical from a copyright point of view, so I deleted everything but the first and last paragraphs. If this is available online, feel free to provide a link to that.
Here’s something: stimulating demand through tax cuts is no less a Keynesian stimulus. When the government takes on debt in order to boost demand, it’s a Keynesian stimulus- whether through taking in less tax revenue, or spending more money.
Good point. Even the Tea Party accepts Keynes – the argument is whether it’s better to cut taxes or to increase spending. Keynes is just basic supply and demand.
As for regulations – Wall Street was perfectly OK with the reforms passed in the New Deal. Without the SEC, no one was going to invest with them. Rules are needed. Look at football (or whatever the poster’s favorite sport is): would he seriously argue that that all rules be removed? Let people rough the passer? Line up offsides? What you have is chaos, not a sport, and it’s the same for an economy.
On Wall Streeet without rules, millions will have their livelihood crushed to benefit a small oligarchy.
Not very long ago I posted that a guy I refer to as Obama=Hitler guy had written another long Letter to our local paper.
Well, I sent them a response late last week after doing some research and they printed it today.
First off, from the last thread, Maus McGill, I stole your time travelling economists line. Forgive me but it was too good to pass up.
I truly hope this turns into a war of words in the paper. He clearly believes himself to be the intellectual center of the local 9-12 group and enjoys the attention it brings him. And I’d enjoy the back and forth.
Though I suppose we’ll see how I like it when he’s taking shots at me next time!