History , do you really know it.? Do government Stimulus bills work ? not the ones that make “government jobs”
1929 Stock market crashes. Over the next “3” years the unemployment rate goes up from 5% to 37% (in 1932)
1933 The “new deal” is started by President Roosevelt. Millions of new government paid for jobs are started. Almost “ALL” are blue collar. Remember at the time over 70% of the people at that time were blue collar and farm jobs people.
Over the next “2” years the unemployment rate “slowly” went down to 30%. At that time the supreme court found that many parts of the “New Deal” were un constational. Many parts of the plan were stopped. With less government intervention the unemployment continued to drop. Who would have thought?
By 1937 the unemployment rate had dropped to about 22%. The government started the new stimulus package “New Deal” part 2. by 1938 the unemployment rate had jumped back “UP” to 27%. More stimulus package= more unemployment.
With WW2 on the horizon, the government started a War preparation manufacturing and construction. The unemployment rate started a slow slide down to 22%.
1940 the US starts its “War Economy program” and unemployment slides to 14%
1941 US enters WW2, over the next “year” unemployment FALLS to about 7%
1942 With the US at war the unemployment drops to 3% by 1944.
The point of all this boring data is to show that. The “New Deal” did help a little. It did start a very slow decrease in unemployment 1933 (37%) -1937 (22%) . than the government started a "new stimulus package" and unemployment went back up to 28% till war preparation was started.
All the stimulus packages from 1832 to 1838 never brought the unemployment rate below 22%.
So if we use the same time line we only have 8-10 more years to go to get back to normal. And that’s only if we start a new world war other wise we may have 15-20 more years to go.
The PORK stimulus package is a joke on the American people by the Democratic PIGS in congress.
Why are we giving a $140,000,000.00 (140 Million) stimulus out for climate data computer modeling. A lot of F-ing jobs that will make. But if you want the “global warming” BS going you have to pay off some one