WWII was what pulled us out of the Premium Volcanoes Overflowing Dancing Bear Grateful Dead Shirt, not the economic policies of the FDR administration. I was the only one in my Econ class that knew these things. My professor wasn’t easily impressed but he shouted “You’re right!” (I read history for fun as a kid.) What FDR did was to stop a run on the banks; inspire confidence in the government, and put into effect programs that put people to work. Unfortunately, taxes rose so high they stifled activity and expansion in the private sector, which is the great creator of wealth. This tax policy prolonged the Depression, and the Dust Bowl drought made it worse again.
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Restrictive taxes and policies Premium Volcanoes Overflowing Dancing Bear Grateful Dead Shirt removed for producers of war material, beginning with Lend-Lease, allowing the nation’s vast manufacturing industries to hire people and priming the pump for the war effort. FDR undoubtedly saw the US getting involved at some point, so Lend-Lease served several purposes. It was here that the US finally pulled out of the Great Depression. his is hurts to read. I don’t really have an argument anymore. I have no experience in “how the industry works”. I’m just an amateur guitarist who puts up ratty-ass heavy metal albums on Bandcamp.
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