Remember that next time you travel over the Triborough Bridge or through the Lincoln Tunnel. All the workers who built them were "unemployed".It's a BS number of unemployed used and it has been explained to PC in detail in other threads how those unemployment numbers are distorted. All the workers in the public works projects, even the building of three aircraft carriers were counted as unemployed because the were on "relief projects". So, while they collected pay checks for building infrastructure, much of it still being used today, they are declared as unemployed when the actual unemployment number was brought down to 9.6%, as low or lower than the average in the global depression.[
Under Franklin Roosevelt- "No depression, or recession, had ever lasted even half this long."
a. 8,020,000 Americans were unemployed in 1931. In 1939, after the 'excellent' decisions by Franklin Roosevelt, there were 9,480,000 unemployed.
Folsom, "New Deal of Raw Deal," p. 3.
Yes, it was a particularly bad recession that had already dragged on for THREE YEARS before FDR got there.
True, other countries got out a little quicker, by totally scrapping that whole "Democracy" thing and having a World War.
Economically, all the people being paid to do "public works projects" were paid from the same source as people who got welfare, the money came out of the economy, the economy that was in depression. While I personally applaud people who would rather work than get something for free, they were still just as big a drag on the economy.
Do you realize what you said didn't contradict me? You don't, do you?