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So you're saying this isn't as bad of an economic downturn as it would be if we let the free market run it's own course? You sir, are completely incorrect. Before we became a "mixed" economy we NEVER had a crisis to the degree we are seeing today.
I am sorry but I am afraid you are mistaken. We basically entered into a mixed economy as we came out of the Great Depression. We have not had a single any economic depressions since then. So we have had a mixed economy in the United States for about 70 years, and have not had an economic depression. Thats not an opinion, thats history.
Government had very little role in the economy prior to the great depression. From our nation's founding, until we entered into a mixed economy system, we had 5 economic depressions. On average we had an economic depression every 25 years or so. Thats not an opinion, thats history.
Economic Depressions of the United States
So a near total free market yielded an economic depression every 25 years or so, and a mixed economy has yet to yield an economic depression in 70 years.