cawacko
Well-known member
Home ownership today is at a higher percentage than it was in 1960. So what is your basis for saying people were able to buy homes all over the country then while implying that people can't today?
Why FDR Was the Best President We Ever Had
- Thread starter jet57
- Start date
Home ownership today is at a higher percentage than it was in 1960. So what is your basis for saying people were able to buy homes all over the country then while implying that people can't today?
Robo
Verified User
Then you deny that America was the most capitalist nation on earth who's buildings were all still standing after the world wars, right moron??????
There's "books" then there's "books" Idiot!!!!! I suggest you try something besides communist propaganda books like Hillary's "It Takes A Village" crap.
jet57
New member
The sentence is not very clear on that; I apologize for that. As employment got going again, it hit its stride with the UAW and all other labor contributions just before, during and after the war. It was through this new machine that the country rose up.
jet57
New member
Again, you have no idea what the hell you're talking about. You're really just embarrassing yourself.
Robo
Verified User
The following is just for you moron!!!!!!!!!!!!!!!!
“'We're Spending More Than Ever and It Doesn't Work'
We have tried spending money. We are spending more than we have ever spent before and it does not work. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. I say after eight years of this Administration we have just as much unemployment as when we started. … And an enormous debt to boot!” (Henry Morgenthau Jr. — close friend, lunch companion, loyal secretary of the Treasury to President Franklin D. Roosevelt — and key architect of FDR’s New Deal.)
The date: May 9, 1939. The setting: Morgenthau’s appearance in Washington before less influential Democrats on the House Ways and Means Committee.
Look it up Idiot!!!!! "Read a fucking book!!!!!"
jet57
New member
Thre were a lot more farms in the 60s and a lot less homes.
cawacko
Well-known member
True, we have built more homes since the '60's. That's why the numbers I quoted were a percentage. What is the argument you are trying to make? That it's harder to buy a home today than in 1960?
Robo
Verified User
But of course you totally fail to explain with any rationality or substance what exactly it is you accuse me of "having no idea about." That's because you're simply the neo-commie leftist flip-side of the other RINO clueless moron Truth Detector. Just like that moron, you're at a loss for words when you're stupidity is revealed by intelligent folks like me. Thus, your only argument is another stupid pathetic, weak and humorous fucking insult.
christiefan915
Catalyst
Wrong, I'm not anti-south and don't hate America despite the fact that's a RW meme about liberals. Why are you anti-South anyway? That translates to you hating your fellow Americans, not me. In any case you guys don't get to pick and choose which prez made the worst decisions without getting rebuttal from those who don't think the same.
christiefan915
Catalyst
There are all kinds of opinions and measures about who is/was the best president. My opinion is that some have been the best presidents for their times without being the best president ever. FDR was what the country needed at that time. He won four elections with these majorities: 57.4%, 60.8%, 54.7% and 53.6%. Obviously the voters liked him since he was the only one elected to more than two terms.
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christiefan915
Catalyst
^ Then why aren't you happier with him since you love the 1%?
jet57
New member
the financial distance for people from what they eamr vs what the need for a home hasn't changed much. The housing bubble notwithstanding. The point as far as it relates to the OP is that what FDR is talking about is the ability shrink that gap.
cawacko
Well-known member
In his talk he said 'the right of every family to a decent home'. Ok. So does that mean everyone should own a home? Or just have a place to live? And I'm still understanding your comparison of 1960 (or around that time period) and the percentage of homeowners and farms with the percentage of homeowners today.
Minister of Truth
Practically Perfect
Not at all, the economy was bottoming out in 1939. WWII temporarily alleviated unemployment and production, but in reality the economy didn't really recover until after the market became healthy in about 1950.
jet57
New member
A decent home means just that; not necessarily owning one. Some just didn't and still don't want to. He was referring to both banks and slum lords.
Buying a home in the 70s for instance was very easy in California anyway: you didn't need the huge down; you just bought out the equity and assumed the loan. I'm sure it was equally as easy or more so before then. That's all changed however.
cawacko
Well-known member
People were buying homes in California during the mid '2000's with almost no money down. Literally almost anyone with a job could buy a home. But back to the numbers. The percentage of homeowners in the U.S. is higher today than it was in 1960. How do more people own homes today if it is supposedly harder to buy a home?
USFREEDOM911
MAKE AMERICA GREAT AGAIN
There are those that suggest that WW I and WW II were in part the reason that the US did so well after each.
WWI
For the short term effect the US economy grew in the buildup to the war and during its prosecution. From 1915 the US made tons of loans to the UK to help them in their war effort. It is not a stretch to say that WWI was the major factor in contributing to the "Roaring 20s" when the US economy boomed. After the peace the economy dropped temporarily and this is most likely attributable to the stopping of war material production. However, at that point in the timeline the US was the only country that had not been completely devastated by the effects of the war. US companies were able to expand their reach around the world, and domestic consumption in the US increased, hence the name "The Roaring 20s." So the short term effect (I am defining short term effect as within one decade) was that the US economy grew a large amount due to their involvement in WWI.
The long term effect was that US involvement in the war lead directly to the Great Depression and WWII. The Treaty of Versailles led to a system where the US was cashing in its wartime loans to the UK, which in turn was using the wartime reparations it received from Germany to pay off the US. This system collapsed when the Germany economy succumbed to hyperinflation and died. That paired with Black Tuesday, which was driven by rampant stock speculation from tons of US citizens flush with cash led to the Great Depression. Since the world was still reeling from the effects of WWI when Germany fell, everything else fell apart. This event was directly attributable to WWI.
So in short there was a huge effect on the US economy in the short term which lead to the Roaring 20s, but the growth was short lived as it was built upon the same conditions that brought about the Great Depression.
WWII
President Franklin Roosevelt's New Deal was already having a positive effect on some of the worst aspects of The Great Depression, but it was America's entrance into World War II that made the Depression officially end. The answer as to how is twofold.
First, the European nations that went to war needed goods (Jeeps, tanks, airplanes, parachutes, ammunition, medical equipment, etc.) to supply their militaries. American factories and manufacturing kicked into high gear to supply these products and more to our allies, like Britain. This proved to be a great boost to the United States economy and created millions of new jobs, thus growing the gross domestic product and providing the federal government with more tax revenue. The companies that manufactured wartime goods also created millions of new jobs, thus easing the unemployment problem.
But second, when Japan attacked Pearl Harbor and the United States suddenly found itself fighting in the war, over ten million Americans went into the military (in either active combat or support roles). Obviously, many of these people left jobs to do so, and this put an almost immediate end to the unemployment crisis caused by The Great Depression because businesses of all sizes suddenly had job openings galore, and a huge demand to fill them.
There are plenty more supporting documentation.
WWI
For the short term effect the US economy grew in the buildup to the war and during its prosecution. From 1915 the US made tons of loans to the UK to help them in their war effort. It is not a stretch to say that WWI was the major factor in contributing to the "Roaring 20s" when the US economy boomed. After the peace the economy dropped temporarily and this is most likely attributable to the stopping of war material production. However, at that point in the timeline the US was the only country that had not been completely devastated by the effects of the war. US companies were able to expand their reach around the world, and domestic consumption in the US increased, hence the name "The Roaring 20s." So the short term effect (I am defining short term effect as within one decade) was that the US economy grew a large amount due to their involvement in WWI.
The long term effect was that US involvement in the war lead directly to the Great Depression and WWII. The Treaty of Versailles led to a system where the US was cashing in its wartime loans to the UK, which in turn was using the wartime reparations it received from Germany to pay off the US. This system collapsed when the Germany economy succumbed to hyperinflation and died. That paired with Black Tuesday, which was driven by rampant stock speculation from tons of US citizens flush with cash led to the Great Depression. Since the world was still reeling from the effects of WWI when Germany fell, everything else fell apart. This event was directly attributable to WWI.
So in short there was a huge effect on the US economy in the short term which lead to the Roaring 20s, but the growth was short lived as it was built upon the same conditions that brought about the Great Depression.
WWII
President Franklin Roosevelt's New Deal was already having a positive effect on some of the worst aspects of The Great Depression, but it was America's entrance into World War II that made the Depression officially end. The answer as to how is twofold.
First, the European nations that went to war needed goods (Jeeps, tanks, airplanes, parachutes, ammunition, medical equipment, etc.) to supply their militaries. American factories and manufacturing kicked into high gear to supply these products and more to our allies, like Britain. This proved to be a great boost to the United States economy and created millions of new jobs, thus growing the gross domestic product and providing the federal government with more tax revenue. The companies that manufactured wartime goods also created millions of new jobs, thus easing the unemployment problem.
But second, when Japan attacked Pearl Harbor and the United States suddenly found itself fighting in the war, over ten million Americans went into the military (in either active combat or support roles). Obviously, many of these people left jobs to do so, and this put an almost immediate end to the unemployment crisis caused by The Great Depression because businesses of all sizes suddenly had job openings galore, and a huge demand to fill them.
There are plenty more supporting documentation.
Teflon Don
I'm back baby
Fuck FDR. If you think all of that was because of him you deserve what you get.
Minister of Truth
Practically Perfect
Try reading, next time, Christie.
1) I didn't accuse you of hating the south. Apparently you're not cool enough for that.
2) Desh accused people attacking Lincoln of hating America. You attacked Lincoln, ergo you hate America. Sorry, but I don't make the rules - Desh does.
Finally, they're not real Americans, so it's easy enough for me to hate on them and still not be hating my fellow Americans, as you accuse me of doing.
jet57
New member
Those were liar loans that ruined the people that bought them and this country. So no soap. There are more people today and many more hom builders nad brokers etc in competition with each other.