Those times were really bad with the amount of people out of work so yea there were plenty of stupid projects. Look at all the good projects that came about from itthough. Almost every high school in NY is a WPA building. Some are now middle schools or town halls, but they were built to last using good stone and marble, had great architecture and even art.
Edit: or the Tennessee Valley Authority who electrified and modernised that whole swath of the south.
trouble is now you no longer have proud people willing to work
they are fat sick and lazy and get paid to stay home.
Socialism in most rich countries has done that
[QUOTE=powerabout;128110]trouble is now you no longer have proud people willing to work
they are fat sick and lazy and get paid to stay home.
Socialism in most rich countries has done that[/QUOTE]
So tell us just exactly what are they going to work on?
Just before the WPA and other projects were developed in an attempt to control the damage caused by out of control anti-socialism, the USA produced about 80 percent of the world’s hardware, nearly every ton of which left the country on American ships and much of the raw materials arrived on returning American ships.
When Wall Street speculators fire the last American worker and scrap the last American ship we will indeed be a nation of starving, sick, and angry people who are no longer paid to keep our mouths shut and refrain from rioting.
[QUOTE=powerabout;128110]trouble is now you no longer have proud people willing to work
they are fat sick and lazy and get paid to stay home.
Socialism in most rich countries has done that[/QUOTE]
hasn’t done that in Norway and now they are far wealthier that the US on a percapita basis…FAR WEALTHIER!
The Alaska Permanent Fund is a home grown oil supplied sovereign wealth fund and it has certainly worked out very well for Alaska.
when you devalue due to your debt the factories will come back
[QUOTE=c.captain;128121]hasn’t done that in Norway and now they are far wealthier that the US on a percapita basis…FAR WEALTHIER![/QUOTE]
DOH they have been selling oil not buying it
Solialism always looks good when something/one is paying for it
UK Treasurer
"He said too much money was going on benefits across the continent: "Europe accounts for just over 7% of the world’s population, 25% of its economy, and 50% of global social welfare spending."
we got a winner there…
and the US spends more per head on medical than any of those EU countrys, where does that all go???
Yes you just have to hate socialism, it’s hell to not have the luxurious feeling of dread that I possibly get sick tomorrow and don’t manage to pay the bill from the hospital.
But what the hell, it’s just poor people that gets sick and I’m not poor so way should I care?
]
Hate to get all philosophical and political here but…
the last thing America needs is more govt spending. Did you see how much the US wastes annualy in unnecessary or excessive payments? Latest tally was about $100B. Can you imagine how much worse that would be if we started some massive new age WPA.
the super rich have already figured if out, so why can’t the rest of us. There are simply no where near enough life-sustaining, family raising, retirement saving wage level jobs left in this country for our current population.
There probably hasnt been for 10-15 yrs, maybe more. Being employed is one thing, but not having to work forever just to have the 3 basics is another.
The American lifestyle of consumption and gotta have the newest toy was doomed to failure as soon as China and the rest of SE Asia started making various goods for American manufacturers. Can you imagine how much worse off we would be if China hadn’t enacted a one child policy???
At the end of the day, this is capitalism. And its exactly how we got to where we are now. I’d be shocked if American mfg didnt take advantage of Europe’s plight after WW2. Not unlike American mfg and retailers take advantage of our insatiable appetite for textiles and electronics via litlle brown and yellow hands.
Thats not going to change anytime soon.
who’s to say that big money corp America isn’t behind a raise in minimum wage (pretending they are vehemently opposed) in order to subjugate the likes of fast food emplyees and other minimum wage workers who probably make up the majority of all American wage earners.
I would rather see uncle sam spend my tax dollars at least trying to educate people on how expensive life in America is, even with a good job and only 1 or 2 children while trying to save for the future. Let alone a an hourly wage job south of $15 an hour part time with multiple kids to raise.
And then hand out free rubbers, diaphragms, morning after pills, and directions to the local subsidized vasectomy/historectomy clinic.
I fear the world has decided that their economies can only run when your government prints cash ( assuming you are not sitting on a pile of oil or gold) rather than actually create it.
(What I’m really saying is investment bankers have worked that out and they are the ones they get rich doing this, they also have the ability to pack up and leave when the you know what hits the fan.)
You cannot borrow to get out of a debt problem can you, only the US gov thinks you can?
When your 2 biggest industries produce nothing, Wall Street and Washington…whats next?
I have a feeling China has worked this out watching the west, they joined the club and said to the US ok we make cheap stuff and we will take your monopoly money in exchange to build our country up.
They and plenty others have a good guess where this will end, in the past you declared war and cleaned the slate.
China has punted that gold will be the value marker and seriously look like they are now accumulating enough to move toward a gold backed currency, when they announce that a few things in the world will change for the debt fuelled currencies.
They have also been going around the world buying up the raw materials they will need and investing ( giving presents) to developing nations to get a favourable foot in the door. They can afford to do this.