http://www.freerepublic.com/focus/news/2178473/reply?c=202
All economic indicators were up since 1934 on.
Since I didn’t ask you about this...I have no idea what your point is...however, if you are trying to tell me that our current economic condition is a good one...then I would say there are lies, damned lies and statistics.
I would not disagree... I think the condition of your economy dictates the solution...in times of inflation, tax cuts and balanced budgets are enormously helpful. In times of deflation, you need to spend in order to re-inflate the economy. Roosevelt did this except for his attempt to balance the budget which drove unemployment higher. Sweden which followed a pure Keynesian approach was the first to climb out of the great depression. This approach would have been a disaster in the early 80’s when Reagan basically saved the economy with supply side economic principles.
...indicators did physically fall *during* 1938. ...my mistake.