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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (202541)5/15/2009 7:55:44 PM
From: Les HRead Replies (3) | Respond to of 306849
 
government debt shot up during the 30's. as soon as they reined in the New Deal programs in 1937, the budget balanced and unemployment shot back up to 20 percent. the war eliminated a lot of infrastructure in Europe that had to be rebuilt with US imports and expertise. the problem with any stimulus is it tries to maintain excess capacity. once the fake demand is removed, the economy tanks...



To: koan who wrote (202541)5/16/2009 4:05:23 PM
From: Mike M2Read Replies (1) | Respond to of 306849
 
Koan, your unemployment numbers during the Great Depression are NOT correct from the BLS scroll down to the table bls.gov see that the temporary low after FDR was 14.3 % in 1937 . Many people overlook the obvious fact that when you draft millions of able bodied men to fight a world war of course the unemployment rate goes down for those fortunate to remain.


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