Quote:
Originally Posted by Sundae
But in the end it was World War II that tipped the balance in lifting America out of depression.
No disrespect to FDR - he is one of my politcal heroes.
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Ummmm...maybe for business profits,
but "tipped" may not be the best word
regarding unemployment.
US Depression: 1929
US Elected FDR: 1933
US entered WW II: 1944
US Unemployment Rate: 1932 - 23.6% (12.8 million unemployed)
US Unemployment Rate: 1938 - 19.1%
US Unemployment Rate: 1940 - 14.6%