[Homer_J_Simpson]

If the WPA report sounds a somewhat pessimistic note the International Labor Office in Geneva finds a silver lining in the world economic situation by emphasizing that events of the last year have shown that a recession can be reversed by deliberate government action

Is this a reference to John Maynard Keynes and his theories? Somehow I don’t think “deliberate government action” means reducing taxes and regulation.

Take a look at the accompanying chart. The country voted for Hope and Change in 1932. How was that working out seven years later?

[sevinufnine]

Way I see it...if let’s say 10% are unemployed...that leaves 90% employed! Not so horrible, you know?

[CougarGA7]

Here is an example on how the New Deal was not working. Notice how the drop in unemployment only progressed to 37. After that it was on the upswing again, and the economy was on its way back down. Had there been no problems in Europe that necessitated the Lend-Lease Act this trend would have probably continued and you very likely could have seen FDR replaced in the 1940 election.

It was the increase in production brought on by World War II and Britain and eventually Russia’s war material needs that lifted us out of the depression, not the New Deal. It would probably do the current administration a world of good to pay close note to that fact.

[GeronL]

Gee, how was that New Deal moving along in 1939?? lol