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#11 | |
Doctor Wtf
Join Date: Oct 2007
Location: Badelaide, Baustralia
Posts: 12,861
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Quote:
Stock market crashed in 1929. Hoover and the repubs resisted all calls for intervention and it developed into the worst economic downturn in modern history. FDR elected 1932. Started trying to intervene. As you say, success was limited until the pre-war rush. Which was all put on debt. And then paid off by taxing high income earners.
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Shut up and hug. MoreThanPretty, Nov 5, 2008. Just because I'm nominally polite, does not make me a pussy. Sundae Girl. |
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