Sorry Hot Richard - You are wrong - It took the 40% stimulus of WW2 to finally break the back of the depression.
We had started to recover by 1937, and then let up on stimulus and we had double dip. Like today people were crying about the deficit. Well the 40% of WW2 created a hell of a deficit.
Hopefully we can avoid the double dip fate, but if the fiscal hawks have it their way, we will repeat.
So go study your history books.
On Apr 13 10:21 AM Hot Richard wrote:
> Geoffster wrote "It took WW2 to get us out of the depression."<br/> > > Nothing personal, but no it didn't. And Hoover wasn't a deregulating, > small government President (nip that in the bud right now). > > Hot Richard wishes people would throw off the yoke of their American > Government supplied education and really learn about the Great Depression.
Sorry Hot Richard - You are wrong - It took the 40% stimulus of WW2 to finally break the back of the depression.
We had started to recover by 1937, and then let up on stimulus and we had double dip. Like today people were crying about the deficit. Well the 40% of WW2 created a hell of a deficit.
Hopefully we can avoid the double dip fate, but if the fiscal hawks have it their way, we will repeat.
So go study your history books.
On Apr 13 10:21 AM Hot Richard wrote:
> Geoffster wrote "It took WW2 to get us out of the depression."<br/> > > Nothing personal, but no it didn't. And Hoover wasn't a deregulating, > small government President (nip that in the bud right now). > > Hot Richard wishes people would throw off the yoke of their American > Government supplied education and really learn about the Great Depression.
Sucker's Rally Approaching an End [View article]
We had started to recover by 1937, and then let up on stimulus and we had double dip. Like today people were crying about the deficit. Well the 40% of WW2 created a hell of a deficit.
Hopefully we can avoid the double dip fate, but if the fiscal hawks have it their way, we will repeat.
So go study your history books.
On Apr 13 10:21 AM Hot Richard wrote:
> Geoffster wrote "It took WW2 to get us out of the depression."<br/>
>
> Nothing personal, but no it didn't. And Hoover wasn't a deregulating,
> small government President (nip that in the bud right now).
>
> Hot Richard wishes people would throw off the yoke of their American
> Government supplied education and really learn about the Great Depression.
Sucker's Rally Approaching an End [View article]
We had started to recover by 1937, and then let up on stimulus and we had double dip. Like today people were crying about the deficit. Well the 40% of WW2 created a hell of a deficit.
Hopefully we can avoid the double dip fate, but if the fiscal hawks have it their way, we will repeat.
So go study your history books.
On Apr 13 10:21 AM Hot Richard wrote:
> Geoffster wrote "It took WW2 to get us out of the depression."<br/>
>
> Nothing personal, but no it didn't. And Hoover wasn't a deregulating,
> small government President (nip that in the bud right now).
>
> Hot Richard wishes people would throw off the yoke of their American
> Government supplied education and really learn about the Great Depression.