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January 23, 2008

Republicans and Economies

-- by Dave Johnson

Ladies and gentlemen, there was a REASON that Americans were loath to elect a Republican into the government for an entire generation after the Great Depression: They remembered.

Update - I was waiting for a comment asking me to explain what I mean, because it would make my point.

Previous generations REMEMBERED. There was nothing to add. Over time people have forgotten how Republican economics caused the depression, and how they fought every single program that helped the people at the expense of the wealthiest and the powerful corporations. (And in fact led to the prosperity that the wealthiest and corporations enjoyed since.)
But now people do not remember how concentration of wealth, corporations preying on citizens, anti-union policies, etc. LED TO the economic collapse.

The depression was ended by pro-union policies, redistributive taxes, REGULATIONS on businesses and the fuinancial sector, and an understanding that We, the People run the government, and the reason we have corporations is for OUR benefit, not just the benefit of the few.

Over time, as I said, people forgot. And here we are again.

Posted by Dave Johnson at January 23, 2008 6:04 AM

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Comments

"The depression was ended by pro-union policies, redistributive taxes, REGULATIONS on businesses and the fuinancial sector...."

I thought World War II was what ended the Depression.

Posted by: Alan Andrews [TypeKey Profile Page] at January 23, 2008 2:50 PM

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