GDP, 1929-1936
1929: 103.6B
1930: 91.2B
1931: 76.5B
1932: 58.7B
1933: 56.4B <-----FDR takes office.
1934: 66.0B
1935: 73.3B
1936: 83.8B
a good way to deflect when you cant win the argument.
Deflect from a baseless opinion by providing actual factual information? Indeed.
Anyway, note that GDP never got even close to where it had been before the crash, and took 5 years to reach where it had been two years after the crash.
That's not because growth was slow - in fact, the pace of growth was record pace. It's because the depth of the hole created was so great.
In 1936 orders from Europe began picking up, both for the Spanish Civil War and WW2.
Well that didn't do us much good!
You've pretty much proven you're an idiot.
I see the same comments today: Things are bad because they had been so much worse.
Too bad it isn't true. Unemployment remained at record rates until WW2 started and the draft took care of unemployment.
Who do you think was filling those orders from Europe, dumbass?
Every time you venture into history or economics you get your lunch eaten. Maybe you should consider a nice cup of STFU?