AboveTopSecret.com Video and Media Portal.Books, posters, and more.T-shirts, mouse pads, cups, and bags.Member podcasts.Conspiracy theory wiki.Alternative news headlinesBelowTopSecret.com - off topic and general chit chat.AboveTopSecret.com - conspiracy theories and


 

 

This topic is in the Global Meltdown discussion forum.  (rss)


Was it New Deal programs or WWII that put this country back on track?




Topic started on 30-10-2009 @ 09:03 AM by DaddyBare


This morning I was reading this story...
Great Depression Survivors Remember Flour Sack Underwear And Coats Made Of Blankets

Posted in the comment section... you may not be able to access was this reply
Was it New Deal programs or WWII that put this country back on track? The U.S. recovery wasn't as strong or continuous before World War II, but the war did two things: It massively increased government spending and it took millions of men out of the employement market. So, you might say it was the STIMULUS spending of WWII that put the U.S. on track toward longterm prosperity. The G.I. Bill, which today's conservatives would oppose as welfare rather than thanks from a grateful nation, subsequently created the great American middle class.

However, the pre-war spending for infrastructure and in other areas, DID provide jobs for my grandfather and millions of other people across the country when there absolutely were no job. My family has lived in Nebraska since the early 1870s, and never asked for anything other than an opportunity to work hard. Those New Deal jobs building bridges and roads, etc., helped my grandfather feed my father and his siblings, and I am grateful for that.
Ann
Retired
Lincoln


Maybe it was both and that begs the question... Once again will it take a combination of New Deal Projects and another great war.. to put us back on track?



   copyright & usage 
Click here for more Global Meltdown topics
Hot Topics   |   Top Topics   |   This Week   |   Subscribe   |   Home


reply posted on 30-10-2009 @ 09:38 AM by JohnnyCanuck


reply to post by DaddyBare


My basic understanding of the issue is that the New Deal was an attempt by the government to spend its way out of the depression. Did/does it work? Who knows, because WW2 got in the way and that got things going again.

It was attempted by the Ontario government in the recession of the 80's, but that party (NDP) was so slagged for the concept (and its ineptitude through inexperience) that nobody knows if it would have worked. In a sense, the concept is a regional response to a global phenomenon...especially today.

I suppose the answer lies in whether US/Canadian money supports Indian/Chinese/whatever markets...or if it helps the guy next door to find work.



   copyright & usage 















































ATS Server: www2.theabovenetwork.com
Powered by AboveTop:Board v2.3
Header data processed in 0.002 seconds
Page processed in 0.037 seconds
6 total database queries (1)









The Above Top Secret Conspiracy Community Web site is a wholly owned social content community of The Above Network, LLC.