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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (455845)	2/12/2009 10:37:50 AM
From: i-node	Read Replies (1) \| Respond to of 1574029

Re: WW2, it got us out of the recession in the late 30s not the depression of 29-32. FDR new deal worked well enough until they tried to become fiscally restrained too fast. You have the facts correct but your interpretation is, I think, not correct. The late-30s recession was deep and tough. It had more the appearance of a continuance of the Depression than that of a separate economic event. A better interpretation is that the New Deal suspended the depression, but when some of those programs started to end to reduce spending, the Depression started to pick up where it left off. It took the war to truly bring about an end to the Depression.