The Forward Party

[MorkandMindy]

Blowing a trillion dollars is not a new idea or a good one.

In the mid-1930s many prices were declining because the economy was experiencing severe deflation, so FDR inflated the economy to correct the problem.

At the present time many prices are rising so simply copying FDR and inflating the economy is not an appropriate action.

 

[MorkandMindy]

Much of the remaining legislation passed in the New Deal transferred wealth from the rich to the poor and forced companies to distribute profits rather than retain them. This wealth transfer gave much-needed relief to the least well-off among the population without needlessly running up debts.