if we had our news media of today back in the days of Herbert Hoover we would have never had a Depression, because it woulda never been reported as a depression.
– Rush Limbuagh
Disrupting the Borg is expensive and time consuming!
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That is correct. When increasing unemployment at a lower rate is a sign of jobs being created and when people running out of benefits are viewed as fewer people on unemployment. I do not care what they try to push it is not over.
If Hoover had the brilliant foresight to throw $14 trillion at the economy, he too could have avoided the Great Depression. Our economists are so much smarter now than they used to be. Printing paper is all it takes to live happily ever after!
I disagree, Hoover was a Republican. The press of today would have amplified and sensationalized every negitive ecomomic indicator and would have done everything they could made the situation worse to make the Republicans look bad until the “Good Guys” Demonrats got into office.