06/29/13 9:34 pm
Long story short - it took both. Keeping to one post: recovery was happening by the end of the 30's, there was a mini recession in 37, but everything was growing again within two years. Yes, it didn't reach pre-depression levels until the industrial push for war, but it was getting there regardless.
BeachSt Coastal Virginia
06/29/13 8:58 pm
By '37, the country was getting out of it. In '38, with tax hikes and spending cuts, there was a double dip. Then we were going up all the way to the next recession. WWII began in '39. People just don't want to concede the fact that the new deal...
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