Ever notice how.......?

[Boreas]

Originally Posted by piece-itpete

Support please. What I've read is that, although there was a short-lasted spike in 37, there was no 'full steam ahead' until we started supplying and eventually joined the Allies.

Pete

Yes, there was a spike in 1937, followed by a year-long decline which bottomed out well shy of the worst times in 1933. Things then began to improve again and by the time of Pearl Harbor were ahead of the 1937 spike.

Industrial Production



GDP



Unemployment

[IMG]httphttp://upload.wikimedia.org/wikipedia/commons/5/58/US_Unemployment_1910-1960.gif://[/IMG]

[Boreas]

Must have run out of room.

Unemployment



John

[piece-itpete]

Don't you think the unemployment chart butresses the commonly accepted view of the war being the driving factor?

I'd like to see it with government jobs removed too (I'm not putting that on you John )

As far as the end of the spike goes, I can state with some authority that the left blamed the right and the right blamed the left lol.

But the left was in power.

Pete

[Boreas]

Originally Posted by piece-itpete

Don't you think the unemployment chart butresses the commonly accepted view of the war being the driving factor?

No, I don't. Taken by itself, perhaps, but you have to consider the whole picture. Plus, your view, much as you'd like it to be, isn't the commonly accepted view.

As far as the end of the spike goes, I can state with some authority that the left blamed the right and the right blamed the left lol.

But the left was in power.

Pete

I don't think you can.

John

[piece-itpete]

Originally Posted by Boreas

No, I don't. Taken by itself, perhaps, but you have to consider the whole picture. Plus, your view, much as you'd like it to be, isn't the commonly accepted view.



I don't think you can.

John

My view ISN'T the commonly accepted view? When did this revision take place?

And yep, the left was in power, and before Reagan was in!

Pete

[BlueStreak]

Fueled by massive millitary SPENDING, Pete. And what would you call that, other than "government spe..............................

OOOOO! THE UPS MAN IS HERE, THE UPS MAN IS HERE!!!!

BYE!
DAVE

[piece-itpete]

Miltary spending is one of the undisputed areas of federal control.

Whaddy get?

Pete

[Boreas]

Originally Posted by piece-itpete

My view ISN'T the commonly accepted view? When did this revision take place?

It never was. Your view is the one put forward by conservative and libertarian historians and economists with a vested interest in denying the effectiveness of the "big government" New Deal.

And yep, the left was in power, and before Reagan was in!

Pete

I still don't know what your point is. You seem to be explaining this: "But the left was in power." I'm asking about this: "As far as the end of the spike goes, I can state with some authority that the left blamed the right and the right blamed the left lol."

I don't even see it as a matter of blame but of the Right trying to deny FDR credit for pulling us out of the Depression.

Thanks to his policies, the "beginning of the end" occurred somewhere around 1937 or 1938. From that point on there was strong and steady improvement right up to Dec. 1941. That the improvement continued throughout WWII doesn't alter that fact.

John

[Combwork]

Originally Posted by merrylander

It is accepted that the reason the allies won WW II was that we simply out spent the axis powers. Victory usually goes to the guy with the deepest pockets.

Your pockets may have been deep but ours weren't. In 1939 Germany rolled over most of Europe with very little resistance. Initially he followed his military advisers to target the RAF but after they bombed Berlin, in revenge he targeted our cities. Like a gambler unlucky enough to hit a wining streak first time, his faith in whatever he did being right rose.

He was an extremely clever fool who's antisemitism made him dismiss A bomb research because in part it depended on Einstein's research, and Einstein was a Jew. He became deluded; convinced of his destiny to lead Germany to rule Europe. What really beggars belief was that before finishing what he'd started in Europe, he opened a second front by making war with Russia.

[piece-itpete]

Unemployment was over 15% and the depression was over? Love it.

Pete