How Government Stimulus Caused the Great Depression

February 28, 2012 4 Comments

All through the Roaring Twenties, government spending declined, letting the economy grow. Immediately upon entering office, Hoover began increasing spending and regulation, stagnating the US economy, a pattern followed by the next two presidents. The economy did not truly recover until that behavior ended, with the revolt against Truman in 1946.

4 Responses to How Government Stimulus Caused the Great Depression

Pingback: The Truth about Income Inequality « But Now You Know
jdseanjd says:

February 24, 2013 at 04:06

I do hate long-winded explanations.

Heinlein for President, he’d have abolished the lot.

Ron Paul for President of an independent Texas.

What’s ENTP?

Regards,

JD.
:)

Reply
- kazvorpal says:
  
  February 24, 2013 at 09:54
  
  ENTP is a personality type in the Myers-Briggs scale.
  http://www.typelogic.com/entp.html
  
  Reply
  - jdseanjd says:
    
    February 26, 2013 at 03:34
    
    Thank you.
    :)
    JD.
    
    Reply

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How Government Stimulus Caused the Great Depression