quote:

ORIGINAL: corysub


Possibly you might better understand the math if you saw each year of unemployment during the 1930's, a number that ranged between 14% and 19% for most of the decade.  I don't know what your hearing but in my neck of the woods people are getting nervous because the unemployment rate nationally is almost 8%...and you think 14% is wonderful??  What economists would considert that a job well done by our politicians?  Unless they replay W2 what chance would you give the democrat party if in two years the unemployment rate is 14%!...??  During this period there were food riots and communist organizers were aggressively recruiting.  There was a real possibility..as we are seeing today, for the economic and social system of the country to be totally turned upside down and go socialist. 

           Unemployment
Year     Rate
1933 - 24.9%

1234 - 21.7%

1935 - 20.1%

1936 - 17.0%

1937 - 14.3%

1938 - 19.0%

1939 - 17.2%

1940 - 14.6%

1941 - 9.9%

1942 - 4.7%

1943 - 1.9%

1944 - 1.2%
                                                
While the economy recovered somewhat from  1933 depressed levels,  the unemployment rate remained in the 15 percent range for the rest of the decade since population growth in the workforce exeeded the growth in the economy.

quote:

ORIGINAL: MrRodgers

No..no you don't get to change the terms of the debate. The debate is depression or recession as measured SOLELY by GDP. In 1936 we set a record GDP.

quote:

ORIGINAL: Sanity


One musn't forget either, that the "lend-lease" project started well before we entered the war and that "lend-lease" gave America's industrial base a tremendous kick start which really got us moving.

The very indusrtrial base current Democrats would love to shut down in order to save the rock, er, planet.

All praise Algore. 

quote:

ORIGINAL: ScooterTrash

Rule, I think the point is that yes it improved, but it didn't recover to what it was prior to the depression with the "new deal". Kind of like "yes, we found some tumors and you've improved, but you're still dying". Many historians state that the war had more of a positive influence on the economy than the new deal projects, although one would have to assume it had enough of a positive influence to get us through to that point.

quote:


But cons wish to revise history and call the New Deal a failure.

quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: MrRodgers

No..no you don't get to change the terms of the debate. The debate is depression or recession as measured SOLELY by GDP. In 1936 we set a record GDP.

I'm not changing it, just responding to his post.

quote:

ORIGINAL: corysub

quote:

ORIGINAL: rulemylife

quote:

ORIGINAL: MrRodgers

No..no you don't get to change the terms of the debate. The debate is depression or recession as measured SOLELY by GDP. In 1936 we set a record GDP.

I'm not changing it, just responding to his post.

Than I guess your right.  FDR took us out of the "depression"...since we saw a recovery in GDP following the "New Deal" stimulus.  Three cheers for GDP growth..and all those people who suffered through the 1930's out work and hungry should have eaten some GDP.

I wonder why Obama keeps talking about adding 4 million jobs in his trillion dollar plan when he should be discussing GDP growth?  Now I'm confused....! 

quote:

ORIGINAL: MarsBonfire

Well, building all those Bombers, (and fighting in the war itself) was just "work" not jobs. Once the Bomb dropped on Japan, all those government jobs came to a stopping point. Yeah, too bad that government "work" can't be as safe and secure as those in the private sector these days... (ring, ring) Hello? Oh, I guess I need to go see my boss... he want's to talk to me about something of "grave importance"... funny... I wonder what that could be about... strange that so many people are taking such long lunches today... I'm beginning to wonder if they're coming ba....  (uh-oh...)

quote:

ORIGINAL: Sanity


One musn't forget either, that the "lend-lease" project started well before we entered the war and that "lend-lease" gave America's industrial base a tremendous kick start which really got us moving.

The very indusrtrial base current Democrats would love to shut down in order to save the rock, er, planet.

All praise Algore. 

quote:

ORIGINAL: Owner59

yup

quote:

ORIGINAL: corysub

quote:

ORIGINAL: Owner59

yup

Ok...so as I begin to understand the economics of the left, we should all pray that the Pelosi/Obama "Democrat Party Recovery Act of 2009" is as successful as the FDR "New Deal".  Hey nothing wrong with unemployment going to 22% and collapse to 17% with the "success" of the FDR make work programs, errrr..rise again to 19% when the spanking new government WPA projects were about done and no "non-government jobs" were created..although we now had more skilled hod carriers, and than trended back towards that 14% IN 1940 as war production started to get geared up...a steller "trend"  since FDR raised his hand and took possession of the Oval Office.  Of course some of those "jobs" were guys working in the Civilian Conservation Corp for $1.00 a day as some in my family did...

I'm sorry if I don't seem greateful but I finally think I can see the difference between the enlightend economic philosphy of the left and mine..."I see a buck of shit as a bucket of shit..a liberal sees a bucket of shit as fertilizer for their organic garden".  Well...about a trillion dollars worth of shit is coming your way and your "liberal garden is going to bloom.  Yep..our new President has a "green thumb"....and its our green money he is going to use to grow his garden.  

Edited to apologize for a very long intro sentence.  but all I have left to save are semi-colons, and periods.