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To: Homer_J_Simpson

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.


6 posted on 07/30/2009 7:49:19 AM PDT by CougarGA7 (If I disagree with you, it is because you are wrong.)
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To: CougarGA7
It would probably do the current administration a world of good to pay close note to that fact.

You are assuming the current administration really wants to lift us out of the current economic difficulties. I don't see much evidence of that. They seem more inclined to gather as much power and wealth into the hands of government as they can before the opposition can get organized to stop them. They have the invented crises of global warming and health care to keep us skeered and compliant. They probably figure a real crisis like massive unemployment and high inflation would help their cause.

7 posted on 07/30/2009 8:02:32 AM PDT by Homer_J_Simpson ("Every nation has the government that it deserves." - Joseph de Maistre (1753-1821))
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To: CougarGA7

Actually government spending on war materiel would not have lifted the depression. The Great Depression really ended right AFTER WW2


12 posted on 07/30/2009 10:08:58 PM PDT by GeronL (Guilty of the crime of deviationism.)
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