Smarty_Pants

The Humility of Realism

"this will give a chance to see who was truly correct about what to do then versus now"

Not really. The same approach is being taken now as then, with the exceptions you note. The results will be the same or worse.

One area you didn't mention is the fact that today's economy relies much more on the division of labor than it did in the 1930s. Back then a vast majority of Americans either lived on, or grew up, on a family farm. They knew how to grow their own food, feed themselves, and generally how to get by without much outside help.

By contrast today's "average" citizen has probably never had to drag themselves out of bed at 4am to milk the cows or work 17 hours a day for days on end to bring in the crops. If the grocery store ran out of food they wouldn't have any idea what to do about it nor have the capability to address the situation. You can't grow enough food to feed yourself on the balcony of your luxury condo overlooking the ocean.

As your artilce points out, our problems have resulted from attempts by the gub'mint trying to press the 'fast forward' button on the prosperity machine by liberal use of the printing press. While that worked for a while, we now find ourselves in the situation where the tape has come off the reels and is thoroughly tangled in the machine's innards bringing 'prosperity' to a grinding halt.

It's going to take time to untangle the mess. Pressing the fast forward button ever harder won't help and may wind up being much worse in the long run.