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2020-03-23

Even after eight years of the New Deal, the economy was still not out of depression by 1940

as critics of Roosevelt never tire of pointing out. 

Unemployment was still over 14 percent when World War II broke out.

It was the war, and the astonishing mobilization for war, that finally cured the Great Depression. 

Robert Kuttner NYT March 22, 2020


”Det som satte stopp för trettiotalsdepressionen i USA var ett massivt underskottfinansierat program för offentliga arbeten som kallas andra världskriget”.




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