A few contrasts stand out. First, the Great Depression triggered much deeper drops in GDP and employment rates in the United States than in any major European country. The peak-to-trough drop in the United States from 1929 to 1933 was a stunning 26 percentage points of GDP, versus only 11 points in Europe and 6 points in the U.K.
Blame the Doofus on the Dime.
5 posted on 12/07/2014 10:21:46 PM PST by cynwoody