![]() Ranking 5 Recent Political Economy Cycles Executive Summary |
1960-1984
with
28 pts
Vietnam/Race Overshadows Great Society
1896-1929 with
22 pts
Progressive Populism Ends the Gilded Age
2000-2024
with
17 pts
Anxiety:
Terrorist, Financial Markets
1985-2000 with 3 pts
Economic Prosparity 7/25/23 |
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1896-1929 22 pts Progressive Populism Ends the Gilded Age |
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| Period Review | Cycle Environment | Catastrophic Events 6 pts | Disastrous Events 2 pts | Serious Events 1 pt |
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19th Century Ended
Period |
Monarchs in control, liberal economic thought expands. Populist Era/Progressivism Recession brings government take-over of central banking. FED becomes the Lender of Last
Resort with few labor gains and war fed economy. |
1918
Severity Index = 6
|
Panic of 1893
1900 Galveston Hurricane WW 1 Red Scare One
Post WW I Recession Severity Index = 14 |
1902 Scarlet Fever deaths peaked at close to 5,000 and then slowly dropped thanks to penicillin. 1905 Last Yellow Fever epidemic killed 20 in US, then misquote control, then 1936 vaccine. Severity Index = 2 |
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1930-39
Period Measure |
Scottsboro, was
most famous
Keynes won the battle Marshal Plan |
Great Depression War II Severity Index = 18 |
Bonus Army Killings
Cold War5 begins 2
Korean
War 2 Severity Index = 12 |
Two Small
Recessions
Polio Epidemic 1
Severity Index = 4 |
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Period
Measure |
Great Society helps but adds
Elderly hurt by Inflation and
Middle Class Wage Stagnation Continued economic pain eased by newly named home equity loans, government debt plus an explosion of public entitlement paid for with Contingent Liabilities |
Asian Flu kills 70,000 AIDS kills 200,000
Severity Index
= 12
|
Assassinations and Social Unrest
Stagflation Severe Recession 2 Severity Index = 12
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Segregation Turmoil Severity Index = 4
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1985-2000
3
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Severity Index 7 |
Voters accepted
Two Tax Cuts,
Financial Market failures
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Slow Progress on Aids Government shutdown Dotcom Bubble 3 |
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2000-2024
17 |
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Severity Index 17 |
Terrorism cost much, affects few. Great Recession Ended Quickly as the government printed what could be money.
Medicare Part D government health care |
Covid 6
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9/11 2 Local Terrorism 2 Two Local Wars 2 Great Recession 2 Voter Consternation 2 10 |
Stagnate Economy 1 |
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2021 - ? 2
Trump 2.0 Populism a New
Political Era? |
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2025-20 Severity Index 2 Inc
|
Trump withdraws from many international arrangements. Trump Revises BHO2 Efforts |
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Deglobalization Trade War 2 |
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Health Problems Solved |
US Deaths from Infectious Disease source
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4U.S.
Cost of War Nineteen-month World War 1 killed 116,516 from all causes with 204,002 wounded in action. The resulting peace treaty severely penalized Germany and divided the Ottoman Empire among the winners. These winners continued their 19th Century Western Colonialism, which planted the seeds for Arab Unrest. Four year World War 2 killed 405,399 from all causes with 670,660 wounded in action. Losers were not punished. Russian Bear having suffered 26.6 military and civilian deaths used their newly occupied eastern European territory to provide a protective buffer. Three year Korean War killed 36,574 with 103,284 wounded in action. South Korea remained free. Japan felt safe and used a small defense budget to build industrial capital and rejoined the developed world.
The very long Vietnam
War2
killed 58,220 with over As of 5/29/12 Iraq War killed 4,425 with 32,223 wounded with few important positive results. |
5Cold
War After WW 2 the Russian Communists seized power in Poland, closed access to Berlin and the Western Allies countered with an airlift. Russia exploded an atomic bomb. Communists won the Chinese Communist Revolution. The 1950-53 Korean War had UN forces fighting against North Korean Communists invaders. Russia exploded a Hydrogen bomb, put down revolts in Poland and Hungary, and launched 2 Sputniks. The 1956 Suez Canal Crisis caused tension between Western allies. Military and political advisors wanted to use nuclear weapons in the Korean War against China and again wanted them used against China in reference to Taiwan and Formosa. Ike didn't listen. The US 1960 U-2 Spy Plane Incident ended the Eisenhower Administration's chess game with Communism and it also ended the very brief Paris Peace Conference. Ike had been trying unsuccessfully for eight years to control a renegade CIA. He had wanted the expose the missile gap fear created by the CIA. JFK didn't listen to his advisors who also wanted to use nuclear weapons in relation to the 1961 Cuban Missile Crisis. A more peaceful blockade settled the crisis. Please Share This |
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Recent Bailouts 1975 New York City $1.3b paid back + interest 1979 Chrysler Motors $1.5b paid back + interest 1982 Oklahoma-based Penn Square Bank $65m 1984 Continental Illinois Bank bailout $14b 1980's Savings and Loan Bailouts $124.6b [2] 2009-10 Great Recession TARP cost $24b, Detroit cost $16b Positive results GM and Chrysler workers kept their jobs. Quick action by two administrations helped create a quick US economic recovery while Europe still dilly dallies. At 2% additional economic growth per year the higher GDP is worth about $300 billion/year. |
Determinates of
U.S. Individual Well-Being |
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A pro-slavery mob attacking the offices of the Alton Observer in Illinois.
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Why Violence Against Journalists
|
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Killed or injured, as cited by John Edwards Weems, author of A Weekend in September. |
| 4,000
Sharpsburg, Maryland • 1862 Battle of Antietam, Civil War
2,403
2,996
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2,208
(plus 979 reported missing) Pennsylvania 1889 Johnstown food dam collapse 6,000-8,000 33,000 2,500 |