You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #9: Also, HOW did WW2 "end the Depression"? [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
JHB Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-17-09 08:16 AM
Response to Original message
9. Also, HOW did WW2 "end the Depression"?
Whenever someone blithely says WW2 "is what really" ended the Depression, remind them of exactly HOW it did so: unprecendented government spending, high marginal tax rates (80% and higher), full employment including over a million government jobs (actually more than full employment, which led to women getting jobs they'd been excluded from previously), limits on profits (i.e., anti-war profiteering measures), rationing of food, fuel, and other essentials, and so on.

NOT the sort of program conservatives are apt to advocate these days.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC