In 1932 people acted. The took the presidency and Congress that was in the hands of one party and put the other one overwhelming in control. What did they achieve in over the 1933-34 period? They achieved the end of the decline, achieved by massive monetary stimulus. The Depression continued on for six more years after the 1934 election.
Over 2006-8 people acted. The took the presidency and Congress that was in the hands of one party and put the other one in control for two years. What did they achieve by doing this? They achieved the end of the decline, achieved by massive monetary stimulus. They also got a new entitlement program (expanded Medicaid and ACA). In other words they got MORE from 2008 than they had gotten in 1932.
What
neither of them got was the massive stimulus program that ended the economic decline. In the last 4T that showed up FDR's third term. Are people going to hand Democrats overwhelming control of both the presidency and Congress in 2016 so as to get the stimulus that should arrive in 2017 (if we keep the schedule from last 4T)? Almost certainly not. History does not repeat.
Also, it was NOT missionaries who dealt with the Depression, it was the L
ost who gained the majority in the 1936 election. FDR stopped the bleeding in 1933 just as Obama did in 2009. That's all. All the other
effective accomplishments of the FDR administration came AFTER the 1934 election, which Republicans won this time.
The situation in 1932 was different than today. Back then the Democratic party was an alliance of Progressives, immigrant minorities AND Red Staters. It doesn't make any sense today, but the Red folks hated Republicans because they called themselves the party of Lincoln and they hated Lincoln or at least what he stood for (and still do). Todays Republicans call themselves the Party of Reagan.
Today's Democrats consist of progressives, minorities (including immigrants) and moderates Basically they exchanged the Red folks for the Republican moderates.
In 1934, Democrats had the Solid South (Red voters are very loyal) and were able to win a majority of Blue votes because they had stopped the economic decline even though the economy was still very very bad. This gave allowed progressives to enact incomes policy like unemployment insurance and the rest of Social Security, as well as legalizing labor organizing. In 2010 these same voters who increased Democratic power in 1934 took them out. So nothing more could be done this time. And now the time for action has past.
Fair wages were not achieved by removing labor. If you do that, employers simply replace the lost workers with automation and keep unemployment high. The principle way wages rose was through two mechanisms: One was strong growth (when demand is strong, employers have to act fast to exploit it, they don't have time to implement automation). The other (and more important) factor was the decline in hours works achieved by rebellion of workers against their employers other wise known as the labor movement (rather than withdrawing
people from the labor force as you advocate (what happens to the people deprived of income), they withdraw the
amount of labor per worker. The average work week for full-time employees around 1820 was 70 hours. By the Depression 4T it had fallen to about 40.
What this did was make less hours of labor available for employers for the same weekly wage. This in turn gave employers an incentive to automate, thus reducing the need for labor hours and boost the productivity of the labor they still employed, which allowed them to pay the higher wages demanded by their workers. Of course they did not choose to do strove to stop it, hiring private security forces employ violence on strikers up to the level of
warfare:
In the last 4T striking became legal. With a friendly government workers no longer felt they had to risk their lives fighting the bosses. And for a while, all was good. Wages continued to rise with productivity after WW II for almost 30 years. But times changed. With strikers no longer getting roughed up or killed it was no longer possible to use employer excess (like the bombs mentioned above) for PR purposes. As the Lost generation who had fought these battles passed, people forgot what it had been like. The conservative movement began in the 1950's with the paramount goal of neutralizing labor so as to restore the proper balance between rich and poor that had been destroyed by government overreach during the world wars and by over-mighty Labor since then. Their first attempt (1964) was a complete failure, but in 1980 they succeeded. For decades wages have failed to rise with productivity. They have taken the degree of economic unfairness (to the rich) from its peak in 1980 (when the ratio of the wealth of the richest family to GDP reached a minimum and CEOs were paid a trivial 40 times median income) to levels today equivalent to those in 1929. But there is more work to do. Relative to GDP, the richest families at the turn of the 20th century were still
wealthier than those today AND they did not have to pay income tax.
You are trying to convert a class-based struggle to a generational one. It is not Boomers that make your economic lot not very promising. It's rich people. And there are
rich Milles just as their are rich members of every generation.