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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (113310)9/20/2011 2:12:11 PM
From: Kenneth E. Phillipps  Read Replies (2) | Respond to of 224755
 
From 1933 thru 1936, Keynesian economics worked well. The unemployment rate dropped by a huge amount. Then, in 1937 they tried to reduce the deficit and the country fell back into depression.



To: longnshort who wrote (113310)9/20/2011 2:14:18 PM
From: Kenneth E. Phillipps  Read Replies (1) | Respond to of 224755
 
When Roosevelt came in in 1933, unemployment was 25% and went down to 14% by 1937.


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