Tuesday, October 5, 2010

1930's Lessons Learned... Or Not

We have all heard the saying, "If you don't know your history, you are doomed to repeat it".  But do we ever truly learn from history and keep from repeating the same mistakes?

In our personal lives we seem to remember not to poke at the dog when it's eating... lesson learned.
In our personal lives we seem to remember not to put the knife in the wall outlet... lesson learned.

But.. when we start mixing in more people and government and bureaucracy it seems we can't even remember the lessons learned from the day before, let alone from decades before.

Did we learn anything about the Great Depression?  Did we learn that extremely high government spending, government taking over of private enterprises made things worse?  Did we learn that the more government tried to 'fix' things the worse that they made it?  Did we learn that if we remove government as the roadblock, that we as a country can do crazy-amazing and incredible things?

Then why are we doing it all over again?

Take a gander at the stock market going into and during the Great Depression and check out where we are right now.

It would be quite painful and lengthy to repeat the last several years of mistakes and repeating of mistakes of the past.. but perhaps this chart will inspire you into asking... why are we having the exact same results and going into another Great Depression?  What have we done that has caused the precise repeat of the past?

Do we really want another Great Depression?  Seems like we do.

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