That happens in a depression.FDR Averaged 20% unemployment from his inauguration in 1933 until Hitler conquered France in 1940
2 terms of Fail
Only when FDR was President and only for the FDR Depression
It has been repeatedly shown to Frank in thread after thread with indisputable links that he uses the unemployment numbers issued by Stanley Lebergott which represented the persons unavailable to the private labor force and not people actually out of work. It did not represent the persons the way unemployment numbers represent today. Lebergott's method counted workers on public projects building infrastructure like roads, bridges, dams, schools, post offices and collecting pay checks for the work as unemployed because they were not available to the private industry work force. They were considered to be on a form of relief because their pay checks were generated by government agencies or from government funded projects. Another method of calculating unemployment was done by Michael Darby. Darby counted all workers who collected pay checks as being employed. When that method is used the unemployment rate during the Depression during the FDR years fall to as low as 9.6%.
fraser.stlouisfed.org/docs/meltzer/maremp93.pdf