Did the New Deal make the Great Depression last longer?

[FreedomLover]

[FreedomLover]

[rose-colored-coolaid]

[Charles Dean]

So today with Obama making his little press appearance at the hardware factory that makes bolts for wind turbines I had a thought. We're not the only country in the world who is interested in not buying oil from the Saudis anymore.

I think there's a good chance that if we're able as a country to develop alot of great technologies, we may actually start manufacturing things and having other countries buy what we make again. So besides the upgrade in total infrastructure and less dependence on foreign energy, we actually start manufacturing and exporting goods again.

[rose-colored-coolaid]

[FreedomLover]

[rose-colored-coolaid]

[WestSideBilly]

FL has a somewhat valid point. Even if we revolutionize wind turbines, solar cells, tidal power collection (whatever that's called), or some other clean technology, eventually the actual manufacturing will be outsourced to a cheaper nation.

The important part is that we have the intellectual property sourced domestically.

[Charles Dean]

[FreedomLover]

[FreedomLover]

[rose-colored-coolaid]

[sniglet]

[rose-colored-coolaid]

[Charles Dean]

Here's an interesting article that NPR did about Keynes and Keynesian economic theory:

http://www.npr.org/templates/story/stor ... t=1&f=1001