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

To: bentway who wrote (522586)10/21/2009 11:09:02 PM
From: i-node  Read Replies (1) | Respond to of 1580037
 
>> What WAS it about WWII the ended the Great Depression

I explained that. It was the renewed sense of confidence from having won the war, soldiers returning, a general sense of exuberance, etc., that caused a great jump in consumer confidence.

>> But, it's just government SPENDING

There was that, but we had been doing that for ten years and it hadn't solved the problem. As soon as you quit the spending the unemployment comes back as we saw in 36/37.


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