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Old May 30th 07, 05:41 PM posted to rec.aviation.piloting
Matt Barrow[_4_]
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Default OT NY Times Story on Pilot Population Decline


"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message
...
Matt Barrow wrote:
"Montblack" wrote in message
...
("601XL Builder" wrote)
FDR's "New Deal" didn't pull the US out of the depression. WWII did.


My understanding of Depression era events hold that 'recovery'(?)
was well underway by mid 1939.

...depending, of course, what yardstick you use.

The Dow Jones Industrial Average did not return to the level it held
in October, 1929 until:

a) 1939
b) 1943
c) 1948
d) 1951
e) 1954

Adjusted for inflation, the DJIA did not recover it's full value
until:
a) 1943
b) 1949
c) 1954
d) 1958
e) 1962



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