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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (103144)	2/4/2009 7:56:58 PM
From: Sam	Read Replies (1) \| Respond to of 544125

Tim, I suppose if you read Megan's point as being something like "the economy was a straight dead flat line throughout the 30s", then your criticism of her has a lot behind it. I don't read it that way. Its more that the economy didn't pull out of the depression in the 30s, at least for most of the 30s (and didn't strongly pull out for ALL of the 30s) Yes, that was the way I read it. Yes, the economy didn't do a "V", and recover to 1929 levels until 1936-37, then turned again for a couple of years, then back up. But it wasn't a "W" either. The growth was slowish, but steady. Nothing wrong with that. Not only that, but many of the infrastructure projects that were built then are still being used in one way or another, and still crucial to segments of the country (especially, e.g., the dams in the West, and electrification in many rural areas). It is that infrastructure (and the infrastructure that was built in the 10-20 years after WWII concluded) that many of us take for granted today, and requires some maintenance.