It started in 1939 and we were sending huge amounts of supplies to
Britain....remember the U-boats?? Our industry started to ramp up
dramatically in '38 and '39 which rapidly slowed and eliminated the
Depression. The end of liquor prohibition also contributed.
----- Original Message -----
From: "Analyst" <[EMAIL PROTECTED]>
To: "The Hardware List" <[email protected]>
Sent: Tuesday, March 07, 2006 1:23 PM
Subject: Re: [H] Failure Cars Standard with Wings was....
On 7 Mar 2006 at 13:10, Gary VanderMolen wrote:
>> "GDP rose at a 1.4 percent rate in the fourth quarter. Another
>> factor was strong government spending, the result of the war in
>> Afghanistan and counter-terrorism efforts. It's interesting to note
>> that without the government's increase, GDP would have been
>> negative..."
>
> It is money going in to the economy. Is it somehow invalidated by
> the fact that it came from the government?
And isn't that also what Franklin D. Roosevelt did to mitigate the
Great Depression of the 1930's? Some say that going to war in 1940 is
what really ended that depression.
Then they would be wrong, as the depression was over by 1938, and WWII
didn't start until 1941.
Vince
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