Paul Krugman is a progressive fool with very little actual knowledge of the progressive caused Great Depression of 1929-1954. World War II did one thing actually. It removed the hight (25%) unemployment rate by taking every able-bodied man in the country into the military. FDR was actually planning a second round of "New Deal" laws which would have crippled the economy even further, but saner heads prevailed and prevented Truman from enacting any of these insane acts after the war. The Great Depression didn't actually end until 1954 when the stock market finally returned to the same level it held in October 1929. The Great Depression actually lasted for THIRTY FIVE YEARS! And you can thank John Maynard Keynes for most of it!!!!!
OK, that’s by far the best thing I’ve heard about my remark that an imaginary threat from aliens, by leading to a burst of spending, would solve the unemployment problem.
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