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==New Ordeal==
 
==New Ordeal==
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RJJ, I've read ''[http://tigger.uic.edu/~rjensen/causes-cures.pdf Causes and Cures of Unemployment in the Great Depression]'', and have a few questions. (1) On page 20 you state, "Supply-side economics was central to the New Deal" as an apparent explantion for the failure of the New Deal to reduce unemployment.  Perhaps you can explain what you mean by "supply side" here.  (2) On page 23 in summary, you declare what was needed "was some way to subsidize employers of the structurally unemployed."  The context seems to suggest government subsidies paid from the Treasury to businesses for workers wages. Are these the findings of conservative historians, during the Reagan era, that you speak of? (3) On page 23 you also state, "My argument is congruent with Blanchard and Summers."  While the thrashing Summers takes on CP's [[Barack Obama]] page may be somewhat controversial (Summers did serve on Reagan's Council of Economic Advisors, a fact downplayed & ignored by Clinton and Obama supporters), Summers is not an historian, as far as I know.  Did you mean to say, "the work of conservative economists," rather than "conservative historians"?  Thank you.  [[User:RobSmith|Rob Smith]] 00:13, 19 January 2010 (EST)
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RJJ, I've read ''[http://tigger.uic.edu/~rjensen/causes-cures.pdf Causes and Cures of Unemployment in the Great Depression]'', and have a few questions. (1) On page 20 you state, "Supply-side economics was central to the New Deal" as an apparent explanation for the failure of the New Deal to reduce unemployment.  Perhaps you can explain what you mean by "supply side" here.  (2) On page 23 in summary, you declare what was needed "was some way to subsidize employers of the structurally unemployed."  The context seems to suggest government subsidies paid from the Treasury to businesses for workers wages. Are these the findings of conservative historians, during the Reagan era, that you speak of? (3) On page 23 you also state, "My argument is congruent with Blanchard and Summers."  While the thrashing Summers takes on CP's [[Barack Obama]] page may be somewhat controversial (Summers did serve on Reagan's Council of Economic Advisors, a fact downplayed & ignored by Clinton and Obama supporters), Summers is not an historian, as far as I know.  Did you mean to say, "the work of conservative economists," rather than "conservative historians"?  Thank you.  [[User:RobSmith|Rob Smith]] 00:13, 19 January 2010 (EST)
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