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- #41
The Great Depression lasted for a decade or more. With some deeper analysis, it can be said that the Depression did not end until 1947, which is nearly two decades.
Even in a stacked two party majority electoral system, I don't see how you'll be able to keep Republicans out of the White House for that long. Maybe if you repealed the Twenty-Second Amendment. I dunno.
It's impossible to have a depression during a world war. The players make a fortune off of it.
This is why the Great Depression really didn't end until 1947. All the war did was mask the effects of the Depression. Resources were allocated from production to destruction, war financing was possible through the looser monetary policy and all of the unemployed were drafted.
As soon as the war ended, so the all of that 'growth.' The economy slipped back into recession.
Quite to the contrary.
The Post War Economy: 1945-1960