To: familyop
Not only was Hoover a Republican, but Smoot and Hawley were also Republicans. The onset of WWII wasn't the cause of the upturn, as the economy was reviving long before that. Right along with the exit of Hoover and the election of FDR. Notice the Federal Reserve and its newly created FOMC caused a nice recession in the late 1930's. The first of many.
127 posted on
01/20/2014 10:24:33 PM PST by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
To: Moonman62
the economy really took off at the end of WW2
128 posted on
01/20/2014 10:27:52 PM PST by
GeronL
(Extra Large Cheesy Over-Stuffed Hobbit)
To: Moonman62
"Right along with the exit of Hoover and the election of FDR. Notice the Federal Reserve and its newly created FOMC caused a nice recession in the late 1930's. The first of many."
Good point. Weren't there also some tax hikes around 1937?
133 posted on
01/21/2014 6:39:53 PM PST by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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