Video: Top Three Myths about the Great Depression and the New Deal

About Chuck Norton

I write about politics, education, economics, morality and philosophy.
This entry was posted in Budget, Econ, History, Jobs, Obama, Taxes, True Talking Points and tagged , . Bookmark the permalink.

One Response to Video: Top Three Myths about the Great Depression and the New Deal

  1. I find it quite ostentatious that he actually mentions the fact that WW2 did not provide any economic benefit to the U.S. Although I agree with him the economic recession was still on-going well into the war. The war itself played a crucial part in the stabilization of the economy in 1947 and onwards, into the prosperous 50’s.

    Although the war was not an immediate factor, it definitely played an important role in the industrialization and standardization of the economy.

    Political Arena Editor Responds:

    I agree, and the technology cross over from military investment certainly plays a role in an economy as well. I think it is fair to say that WWII ended the New Deal and when that happened the economy started to recover.

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