View Poll Results: Best 20th Century President

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  • William Howard Taft

    1 1.47%
  • Walter Harding

    0 0%
  • Calvin Cooledge

    7 10.29%
  • Dwight D. Eisenhower

    6 8.82%
  • Ronald Reagan

    27 39.71%
  • Other (Specify)

    27 39.71%
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Thread: Best 20th Century President

  1. #81
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    Re: Best 20th Century President

    Quote Originally Posted by ScottD View Post
    The Supreme Court neutering his New Deal is what kept us in a depression. The US was actually recovering until the Supreme Court decided to cut all the good stuff out.
    What? You have it backwards. First the New Deal kept getting ruled unconstitutional, and then FDR got his way. Still he couldn't solve the problems of the economy.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  2. #82
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    Re: Best 20th Century President

    Quote Originally Posted by phattonez View Post
    What? You have it backwards. First the New Deal kept getting ruled unconstitutional, and then FDR got his way. Still he couldn't solve the problems of the economy.
    This was more so because of the backwards monetary policy implemented by the fed at the time. Or so says Milton Friedman....
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  3. #83
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    Re: Best 20th Century President

    Quote Originally Posted by Goldenboy219 View Post
    This was more so because of the backwards monetary policy implemented by the fed at the time. Or so says Milton Friedman....
    Milton Friedman was wrong.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  4. #84
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    Re: Best 20th Century President

    Quote Originally Posted by phattonez View Post
    Milton Friedman was wrong.
    Nah, i am going to say he was quite right. In reality, this financial crisis would have been far more severe had we raised the federal funds target rate.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  5. #85
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    Re: Best 20th Century President

    Quote Originally Posted by Goldenboy219 View Post
    Nah, i am going to say he was quite right. In reality, this financial crisis would have been far more severe had we raised the federal funds target rate.
    So then how does this philosophy explain the brevity of the early 1920s recession?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  6. #86
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    Re: Best 20th Century President

    Quote Originally Posted by phattonez View Post
    So then how does this philosophy explain the brevity of the early 1920s recession?
    It was not based on fraud. The one triggered in 1929, and the one we are dealing with today are primarily fraud driven.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  7. #87
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    Re: Best 20th Century President

    Quote Originally Posted by phattonez View Post
    What? You have it backwards. First the New Deal kept getting ruled unconstitutional, and then FDR got his way. Still he couldn't solve the problems of the economy.
    WWII finally overcame FDR's idiot depression-fixing policies, then he died. But those that bitch about defense spending, should know that at the end of WWII, defense spending was at 75% of the federal budget vs about 21% today. We became quite prosperous after WWII and defense spending was maintained above 50% all during the 50's. Only after the liberal welfare state was created did defense spending dwindle to pathetic levels. Now the percentage is obviously made lower by all the unconstitutional spending in the budget.
    Last edited by American; 12-02-09 at 08:56 PM.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  8. #88
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    Re: Best 20th Century President

    Quote Originally Posted by American View Post
    WWII finally overcame FDR's idiot depression-fixing policies, then he died. But those that bitch about defense spending, should know that at the end of WWII, defense spending was at 75% of the federal budget vs about 21% today. We became quite prosperous after WWII and defense spending was maintained above 50% all during the 50's. Only after the liberal welfare state was created did defense spending dwindle to pathetic levels. Now the percentage is obviously made lower by all the unconstitutional spending in the budget.
    If you believe that spending money on war goods is what fixed the economy, then the stimulus is actually a good idea. Just saying.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  9. #89
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    Re: Best 20th Century President

    Quote Originally Posted by Goldenboy219 View Post
    It was not based on fraud. The one triggered in 1929, and the one we are dealing with today are primarily fraud driven.
    Why should that change anything?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

  10. #90
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    Re: Best 20th Century President

    Quote Originally Posted by phattonez View Post
    Why should that change anything?
    Based on the severity of these fraud driven recession's, i would believe it changes everything.

    BTW, the fraud that i am referring to is relative to securitization.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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