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[QUOTE]Originally posted by bdgee: [QB] "and the only reason we got out of the last depression when we finally did was because of the WW2" Yes, by virtue of the many trillions of dollars that various governments spent, the U.S. only one of them. Don't confuse the recovery ot the health of the stock market with either economic viability or the health and viability of the population. Had there not been the mammoth effort to feed and clothe the masses long before WWII, that has come to be known as the "New Deal", there would not have been a healthy and educated population capable of manning (or womaning, as with Rosie the riveter....take that Taliban!) the work benches and building the machinery and clothing and harvesting the food of WWII. It is only a fool that [i][b]chooses[/i][/b] to believe that a rising stock market is the mark of a healthy and viable economy. Look at Brazil and Mexico and India and on and on to see a list of nations that enjoyed the same rising stock markets through the Second World War and didn't see their populations make significant advances, if any at all, with that supposedly healthy and economy controlling Market. The United states almost literately threw enormous sums of [b]borrowed money[/b] at that war (during and after) and the effect was to turn the U.S. into the greatest power, militarily AND economically, the world has ever seen. This antiquated philosophy that you can cure the markets with lowered taxes and decreased spending has proved itself to be a very cruel lie over and over and has never been known to work. [/QB][/QUOTE]
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