People were struggling all through the war when the government was spending all of that money.
You have not supported your position, in fact you have never in this thread provided any support for any of your statements to me, just off the cuff remarks, all of which I have refuted, with support. The immediate aftermath of the ending of WWII was a huge drop in GDP:
The decline in government spending at the end of World War II led to an enormous drop in gross domestic product
Govt spending was much more important than market psychology, we can clearly see that.
There needs to be a forum for 'Breaking Editorial and Propaganda' for a all Washington Times and Fox News stories.
Otherwise, viewers of the BN forum may get confused and believe they're reading an actual factual news story.
Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.
Alexis de Tocqueville
BTW, things are never instant. I put in money now, people don't immediately start buying. People shoudl never expect instant results.
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
"He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
14 pages wasted on propaganda pretending to be 'news'.
The far-righties are too easily taken in...