And let’s be honest, when trump does Kanye, Trump Jr. or another republican will take over and that’s one of the only things I’m against in the constitution

@ParadiseRacer24 FDR was terrible

that guy was a economic catastrophy

And the Japanese internment

Terrible? How. The new deal brought us out of the Great Depression, served as an amazing general for World War Two and the people loved him so much he got elected 4 times

@ParadiseRacer24 no he didn’t

He extended the depression

His very policies extended and delayed the recovery to after WW2

The new deal was a disaster that extended the Great Depression , like always government intervention delays recovery. Just like what happened in 2008

I’m not saying the new deal is the best thing ever, but it gave people jobs, it’s better than what Hoover did

Hoover did the exact same thing but FDR did it 10x worse

It gave people jobs , barely

Real unemployment and the unemployment itself was much higher

It also prolongated the recession

Yet GDP growth was the fastest in YS history for most of his presidency

Interventions in the wartime economy, war materiel was valued incorrectly and therefore the GDP data overstate economic conditions. Moreover, conscription and arms production gave a misleading employment picture. Instead, the war was a period of capital consumption rather than capital accumulation. Tanks, bombs, and helicopters have limited uses outside of military applications. The labor that was used to produce them was not available to produce consumer goods and services; in fact, people went without consumer goods.

Soon after that however, a bust occurred with very low negative gdp growth

@Leo (BillNyeLand)

So if anything, the GDP growth is inflated and the recession did continue through WW2.

Being delayed over a decade

I don't think recovery was delayed until after WW2

I do

Even the largest Keynesian stimulus failed

and that says something

well how would you explain away the US' crazy industrial capabilities before the war

What do you mean?

goods can't be produced without money

doesn't mean it wasn't still in a depression

constructions of carriers and other naval ships, munitions, cars, tanks, planes,

Yes read up

consumerism was always popular after the 20s even during wartime

Cheap credit

and we saw how that turned out

Economic growth is the raising of standards of living

Wartime demand finally elevated production to levels sufficient to sustain the boom after WWII

And it went to a bust

but remember, the boom was inflated

The “bust” after WWII was the result of the sudden withdrawal of the stimulus, which was soon corrected by the growing economy

And busted again

The "boom" was inflated as I said above