The economy is in the tank, what’s “remarkable” about it?
“The economy is in the tank, what’s “remarkable” about it?”
All this points to the economic devastation that Obama has brought not just to America, but Europe and China where demand for oil is down while only slightly increasing the the US.
the reality of the Great Depression II is definitely widening, compare with the malaise and stagnation of the period 1938-1941 under the New Deal and FDR. Not until Great Britain came begging to the US with delivery of silver bullion in exchange for war material and war machines was the US even beginning to stir from its economic funk.
The war years were a huge boost to the overall economic health of the United States, even though we paid a fearsome price in terms of battle dead and wounded, and a reckless expenditure of capital we did not have at the time.