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To: central_va

Year after year, the nation could not climb out of the pit.

1929: Wall Street collapse and banking sector failures.

1930/1931: Smoot-Hawley Act.

1931: Dust Bowl starts.

1932: Hoover tax rates fall into play.

1933: New Deal arrives.

1934: 10-percent GDP growth in one single year. Massive printing of money.

1935: More printed money, and social security arrives.

1936: New taxes via FDR and Congress arrive.

1937/1938: New mini-depression occurs and ends a year later.

1939/1940: Dust Bowl drought starts to disappear. 8-percent GDP growth each year.

1942: War starts and FDR has to relax industrial rules...allowing finally for exit to the depression.


100 posted on 06/09/2017 9:27:22 AM PDT by pepsionice
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To: pepsionice
If during cancer treatment I get stung by a bee but then I die 3 years later are going to blame my death on the sting?

Your first post was true. You accurately depicted the cause of the Great Depression but forgot to insert the globalist mantra lie about Smoot - Hawley! Whoops!

102 posted on 06/09/2017 11:07:30 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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