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To: Maceman

Little if any government “help”, cut federal spending, no “stimulus”, no deficits... let the market decide and correct... and things improved quickly.

How can politicians get rich on that “dumb” policy?

Then... Harding was accused of scandal and died in 1923. Hmmm???


3 posted on 01/02/2020 8:40:25 AM PST by FiddlePig (The greatest threat to our sacred liberty is to not value it!)
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To: FiddlePig
In 1922 Harding cut the federal spending 8%. Then it was cut again in 1923 by 0.8%. Coolidge cut taxes and kept spending flat for a couple years until it caught up to that 8.8% in 1928. Before the spending was brought back up from what was cut the roaring 20’s happened.

Amazing cut spending cut taxes and the economy exploded with 3.5% unemployment. Who would have thought?

In the 30’s they jacked spending by around 50% and the economy struggled. Just weird.

11 posted on 01/02/2020 9:17:10 AM PST by jimpick
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