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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (511483)9/9/2009 11:18:47 AM
From: combjelly  Read Replies (2) of 1578297
 
"Except it didn't. Have you never heard of the "Roosevelt Recession" or "Depression within a Depression"?"

Right. It was when FDR bowed to pressure to go back to the economic theories that failed. Which failed again.

Until that point, and just afterwards, the economy had improved to pre-Crash levels. Except for exports.

"You simply can't spend your way out of a bad economy. And 1937 is probably the evidence of this fact one could dream of."

Like I said, you apparently get your understanding of economics off of the back of cereal boxes...

All of the problems hadn't been solved. As should be obvious to anyone with half a brain or less. However, as the metrics show, things were getting close.
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