SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HPilot who wrote (448972)1/21/2009 1:00:00 AM
From: tejek  Read Replies (2) of 1575300
 
FDR did little better, under him unemployment recovered from over 20% to just over 15% in 1940, much because of increased arms production

We went over this a few weeks ago. The unemployment rate had dropped, I believe, to 10% by 1937 only to rise again to 18% due a recession that occurred that year only to resume its downward trajectory the next year. Certainly, the need for armaments in Europe helped but it was also an economy that was recovering due to FDR's stimulus plan.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News