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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (104866)8/9/2007 12:06:37 PM
From: Steve Dietrich  Read Replies (1) | Respond to of 173976
 
From the Wikipedia article here's the GDP chart: upload.wikimedia.org

As you can see the economy severely contracted during the Hoover administration and then began rapid expansion by the end of 1933, the year Roosevelt took office. Furthermore the chart shows GDP recaptured it's pre-depression levels by 1935. You can tell by the steepness of the graph just how strong economic growth was.

Is there anything else you'd like to lie about?

You can post whatever you want but the facts remain the U.S. had incredible economic and revenue growth under FDR at the same time as having very high tax rates...

SD