(I'm just wondering if liberals or democrats are even capable of thinking on a global scale, since, so far, their remedies for the current recession are limited to mimicking FDR's spending in the US, while ignoring the "big picture" of FDR's world?)
No. The Depression ended with huge military spending in WWII. Marshall plan happened after that.
PS The definition of a depression or recession is Negative GDP GROWTH (not negative GDP) We had Positive GDP growth starting in 1940 not 1950.
PPS: Talking about job loss after the war -- women who had never been in the workforce entered it during WWII and left after the War effort was over. That accounts for large drop in workforce after 1945.
PPS: Also Marshall Plan (1947) came out of the Liberal Democrat Truman Administration -- Which destroys your premise about Democrats not thinking on a global scale...
What is funny Liberals try to give FDR credit of getting the US out of the Depression because the unemployment rate was beginning to lower in 1939...they do not realize the reason for that was were were beginning to sell weapons and equipment to Europe for their war effort, but it took the US being drawn in to WWII for that to be completed...that is why many Historians now believe that FDR allowed Pearl Harbor to happen...why wouldn't the Department of War not put Hawaii on high alert if it had lost track of the entire Japanese Fleet a few weeks before on their way to Hawaii? FDR needed a crisis to get us in the War, and the Japanese provided it...even the Japanese Commanders were surprised on how easy it was and how unprepared the Military in Hawaii was...not to mention all the Aircraft Carriers were out on "maneuvers" without their support ships...but I forgot FDR was great..."The New Deal" didn't work, so he needed something...and what is funny is how much this Pork Bill reminds me of "The New Deal"...
Well we sure know we wouldn't get any 'lion's share' of the jobs now, don't we? We can't even put a 'buy American' provision into spending the only purpose for which is to stimulate the American economy. (and I'm not saying there should be such a provision, just pointing out that without one the supposed purpose of stealing our money for a stimulus bill isn't even addressed.)
Even OUR government used foreign workers to rebuild Katrina. And the salaries are then spent abroad and the money doesn't circulate here where the people paying for it live.
You are correct, Look at 1945 once the spending stops the Jobs stop.
In 1945 we lost more total jobs than we did in 2008. The work force was 1/3rd the size it is today.
It was 5-10% of jobs lost in 1 year. It would have gone much, much higher if not for the rebuilding effort.
In 1946 the US had like 80% of the worlds GDP.
The deffinition of a depression is a 10% drop in GDP.
You are correct that this may change, as the deffinition for recession changed to move it as far from Obama as possible. By this standard the recession of 2001 should have gone from October 2000.
That is what finally ended our "great depression". We had contracts and money started flowing back to America. This will not happen under the Socialist Regime. They keep the profits. Foe the benefit of the people. We will be the masses. Look at the masses through history. That will be us.
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