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Reply #11: What, exactly, did happen in Japan in the 1990s as a result of spending? [View All]

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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-26-09 03:26 AM
Response to Reply #8
11. What, exactly, did happen in Japan in the 1990s as a result of spending?
I am very interested to hear what you have to say, because I spent that entire decade as a working stiff in Japan.

Also, even if unemployment rates were in the double digits in the '30s, they would have been even HIGHER if Roosevelt hadn't pushed through his public works programs. In 1932, at the height of the Depression, unemployment was 25% thanks in part to Hoover's "prosperity is just around the corner" policy of doing basically nothing.

By the way, I knew some guys who were just entering the workforce during the '30s. A lot of them were in one of Roosevelt's work programs. And they all said that they were damn glad to have had the chance to work and earn money. The ones in the CCC also received room and board, and were even be able to send money back to their families.
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