What Is The Economic Cycle Of Capitalism

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Some say that the economic cycle of capitalism will always continue, but it does not seem to be that way. Something needs to be done because the United States of America has been in an economic depression for far too long. We need a new plan of action to decrease unemployment, raise consumer spending, and end the depression (Dudley 102). “For three long years I have been going up and down this country preaching that Government - both State and local - costs too much.”(Dudley 102). Franklin D. Roosevelt, a former governor of New York, stated this in his speech at the 1932 Democratic National Convention (Dudley 101). What he means by this is that the government is spending inordinate amounts of money on useless programs, in turn raising tax

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