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Old 02-20-2009, 02:43 PM
PeppyGPhiB PeppyGPhiB is offline
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Quote:
Originally Posted by KSigkid View Post
The "Great Depression" is a tough comp, because I don't think anyone really knows how much FDR's social programs helped. I think a lot more credit has to be given to WWII and the business that came out of that. But, that's getting into my "FDR is Overrated" kick...
WWII played a huge role in our ultimate recovery from the Great Depression. You know the phrase, "Those who forget history are doomed to repeat it"? Yeah, some folks have already started to express caution. If times get really desperate, and people feel vulnerable and scared, it would be very tempting for the gov't to create jobs in, say, the defense industry. Bombers and tankers, anyone?
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