Eric at The Edge of the American West has a great post that sifts through the real data and this graph sums up his analysis:
Monday, February 16, 2009
A GREAT RESOURCE FOR THE GREAT UNEMPLOYMENT DEBATE
The wingers LOVE to quote then-Secertary of the Treasury Morgenthau's lament about the New Deal. It is true there was a setback in recovery BUT THAT'S BECAUSE FDR DECIDED TO BALANCE THE BUDGET IN 1937.
Eric at The Edge of the American West has a great post that sifts through the real data and this graph sums up his analysis:
Eric at The Edge of the American West has a great post that sifts through the real data and this graph sums up his analysis:
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