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To: central_va

Acerbated it for sure. Then when recovery was happening in 1936 FDR came out with his huge tax increase on the upper wage earners and drove the economy into a double Depression. Something like sixty-three percent of income.


61 posted on 08/17/2016 6:33:41 PM PDT by SkyDancer ("They Say That Nobody's Perfect But Yet Here I Am")
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To: SkyDancer

Trade accounted for only 4% of GDP in 1930 so any trade bill could only have a marginal impact.


62 posted on 08/17/2016 6:34:55 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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