That's effectively what Hoover did after 29. It got Roosevelt elected and the New Deal....which was a mixed bag....my grandfather told me stories/experiences that frame it more socialism from the perspective of a teenager....and the scary thing is...the data that was coming out, wasn't not showing the WPA and New Deal actually fixing the economy...WW2 did that, and the US subsidizing/capitalizing Western Europe, Japan and Korea being rebuilt...
painefultruth76 t1_jdxuxq9 wrote
Reply to comment by Random_Guy_47 in The economy in 2023 for dummies by Temperature_Foreign
That's effectively what Hoover did after 29. It got Roosevelt elected and the New Deal....which was a mixed bag....my grandfather told me stories/experiences that frame it more socialism from the perspective of a teenager....and the scary thing is...the data that was coming out, wasn't not showing the WPA and New Deal actually fixing the economy...WW2 did that, and the US subsidizing/capitalizing Western Europe, Japan and Korea being rebuilt...