Comment

Fractal

615
Mosh2/11/2010 9:22:49 am PST

re: #606 jamesfirecat

Citing 20% unemployment at the start of the war disproves your claim that the New Deal ended the Great Depression.

It was based on a bubble. There wasn’t massive unemployment after the war because workers where rehired by auto and appliance manufacturers in order to convert their factories back to civilian purposes.

I highly recommend that you read “The Worldly Philosophers” and Thomas Sowell’s “Basic Economics 3rd Edition”