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Stock Market Yo-Yo Watch

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Occasional Reader3/02/2009 10:01:09 am PST

re: #200 FloridaAnole

It was Hirohito and Adolf Hitler that got us out of the Great Depression.

As I’ve said before on these pages, I don’t agree with characterizing our entry into the War as “ending” the Great Depression. It just changed it into something worse (for a while). Sure, we suddenly had “full employment”, but that was because we conscripted much of our labor force and sent them to live in mortal peril. If someone had proposed that as a peacetime cure for the Depression, they’d have been tossed into an insane asylum.