(11-18-2019, 03:22 AM)jj82284 Wrote:

(11-18-2019, 12:16 AM)mikesez Wrote: Yeah, Obama did try to expand Medicaid in every state.  His efforts to make college more of a free government went nowhere though.
Free help for the poor is at least as old as the Roman grain dole. 
It's probably best not to bring Marx into welfare programs.  The idea that the workers must seize the factories is Marx. 

Marx believed that the worker not owning his tools/machinery was so fundamentally wrong that it was the cause of the cyclical unemployment, bank failures, and urban overcrowding that were so much worse in his time than in ours.  He did not believe that "relief" or "welfare" were anything but a bandaid solution.  He did not believe that legal regulations or government insurance could smooth out the banking and monetary problems he saw.  Only collective ownership by the workers could, so if we could just not waste our time with those other steps and let the workers rise up now rather than later, that'd be best, he would say.
But it turns out he was wrong. Central banking, deposit insurance, unemployment insurance, health insurance, disability insurance, all of these things are now universal in many countries. And they all really do smooth over the problems that Marx saw.

I think these things are more aptly called "welfare state" but I'm open to any suggestions.  Just not Marx.

....  I tried.  I can't help it.  

The fed reserve was established to mitigate "panics" recessions and bank failures.  Under federal reserve policy the frequency of recessions went up, not down including two of the largest downturns in the history of the country.  

Deposit insurance limits a fairly tale.  

The collapse of the government sponsored lending institutions caused the economy to blue screen.  

The increase in standard of living for the average person is driven by economic growth, not growth of government programs or central economic planning.  The way that progressives disguise pseudo Marxism as opposition to communism is laughable.

Your last paragraph is spot on.
Government can't plan or program economic growth, and economic growth is the only thing that makes increases to the standard of living possible.  
Recessions are inevitable, but some recessions are shorter and smoother than others.  Government programs can smooth over recessions
The 2008 recession caused much less suffering than the 1929 recession.  The main reason was government unemployment insurance.  Wasn't there in 1929, was there in 2008.  Made a big difference for a lot of families.
As for banking, a lot of people would point to the panics of 1837, 1857, 1873, 1893, 1907, and say that such things happen much less frequently now.

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