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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

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To: J. C. Dithers who wrote (54328)1/15/2007 6:22:18 PM
From: TimF  Read Replies (1) of 90947
 
As late as 1941 the Depression lingered on. The Depression only lifted with the start of WWII and the subsequent war economy.

That's also become a commonly accepted idea, but just as I don't agree that the New Deal was positive for the economy, I can't agree with the WWII ended the depression idea.

Or at least that US involvement in WWII directly ended the despression. US sales to warring countries (both early in the war and in anticipation of the war) before we got involved might have helped.

See
marginalrevolution.com

mackinac.org

and somewhat related even though it doesn't cover WWII

marginalrevolution.com

frbsf.org
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