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This may or may not be true (I rather think it is false), but nota
bene: It was not until we took on the much larger debt burden in World War II that we got out of the Great Depression ![]() Yeah, people don't realize, but the unemployment rate on 12/7/41 was @ 10%. The war fixed all that. Even in 1943, FDR's advisors were not worrying how to defeat the Japs and Nazis. Those *******s were toast. The problem was what to do with 8 -10 million servicemen. Cynical servicemen in that time frame had a saying: "Golden Gate in '48, breadline in '49." Of course later that changed to: "Home alive in '45." The economic miracle that the Roosevelt administration provided (GI Bill, VA loans, etc.) should not be forgotten. No wonder the guy is on the dime. ![]() Walt |
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