Quote:
Originally Posted by Hawkeye
No, dumbass. WW2 did not end the Depression. That's as dumb as saying that we should pay people to break windows and fix them again.
The reason the USA was in relatively good shape in 1946 is because most of Europe and Asia were in ruins. The USA was the only country that didn't have to rebuild itself, so the dollar was strong.
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Yes dumbass, WW2 did end the depression.
Paying people to break windows and fix them again is EXACTLY what John Maynard Keynes advocated, except he used the analogy that the government should pay one group of people to dig holes and another group of people to fill them back up.
Of course, you with your MASH name and Star Trek avatar are obviously far more competent in the field of economics than John Maynard Keynes, AND all of the conservative economists who say WWII ended the depression (which is their way of trying to say the New Deal didn't work)
The depression was over way before 1946. We had full employment in this country pretty much as soon as we started building tanks and planes to send to the European and Pacific theaters.
Idiot.