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Posted by: memestryker 1 year, 2 months ago
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memestryker1 year, 2 months ago
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The U.S. has always had an endlessly evolving mix of policies based on perceived needs as they arise. Those in positions of power do try to allow markets to operate naturally as much as seems feasible. This type of intervention has occurred before, though, and this time it was done before the market self-corrected instead of following a complete crash.
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An estimated 25% of people in cities were homeless in the Great Depression, and there is a sense that the government should seek to prevent that for a variety of reasons. We saw a lot of temporary socialist programs following the Great Depression, too.
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