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Since so many think WW2 brought us out of the Great Depression?
Why dont we all just destroy our homes, cars, and roads, and start rebuilding?
Sounds absurd right?
Just as absurd as people saying a war, something that destroyed millions of lives and wealth, was actually responsible for creating the wealth that made everyone's life in the world great again.
Holbrook- the great depression was world wide, not just in America. And why dont you guys look at private GDP statistics during the war. There were no consumer goods whatsoever. There was nothing prosperous about ww2.
me- how long can you keep the new deal going? Forever?
ok vt james- then you are suggesting we go blow up other peoples stuff and then rebuild it?
14 Answers
- 1 decade agoFavorite Answer
I do think the war put us out of the Depression, but not for the moronic ways the liberals throw at you. This whole "its because the government spent so much and employed everyone under the government" is bs and doesn't make much sense.Government can- by borrowing, printing, conscripting, and rationing- produce any level of employment and output it desires, but that is no guarantee of true wealth generation. I can pay a guy to smash up my neighbor's car- it doesn't mean it'll help the economy. Think about what we did in World War II. We prevented people from buying most consumer goods. This created a huge pent up demand for the first couple of years post war. Second, we put millions to work in the military and in the military industry. This gave people money but since we stopped making consumer products, didn't give them anywhere to spend it. Then, we made it everyone's patriotic duty to save via war bonds. So at the end of the war what do you have? You have millions of people who haven't been able to buy a consumer good for four years and have basically saved every dime they have made during that time. That is a recipe for a boom. The meagerness of the citizenry's consumption during the war years is the true measure of the economy's output. The depression ended after the war due to the fact that the private sector had finished clearing its debt problems, the worst aspects of Roosevelt's policies were allowed to lapse along with the additional price controls of the war, and the fact (pointed out by Rob Lyman last night) that uncertainty about future government intervention cleared considerably because the war had a discernible endpoint.
Source(s): Zen nice question I might ask a similar one myself now. - Anonymous5 years ago
The Great Depression in America did affect all of the most powerful countries in the world, including Germany, but it was not the Great Depression necessarily that caused the economic problems that then caused Germany to want to expand. When the Allies signed the Treaty of Versailles after WWI, they demanded such high reparations from Germany for starting the war that the German economy was essentially ruined So I guess that was a long winded no. Also, the current economic situation, while being global, is nowhere on the scale of the Great Depression in magnitude, and would not result in any sort of WWIII.
- Anonymous1 decade ago
In my opinion that observation is false. Principally depression was a change in economicic cycles, If it brought us out of th depression it was at a huge price. Deaths, manufacturing geared to a war economy, such as armaments ,destined largely for other participants in the war Thus production of armaments lowered the standard of living by depriving this couavailablecessities
Since few consumer goods were available , rationing was imposed resulting in fear and, psychological disruption . Despite the above WW 2 however was o ne of the few wars that had some justification in order to stop Nazi imperialism. Never the less capitalists foment and support wars during those times when an economic stimulus is required when the economy is in the doldrums. Most wars however are generally an abomination, and totally unacceptable,
Source(s): War Resusters League, Union of Radical Political Economists - ?Lv 45 years ago
I have been suffering from post partum depression for the past one year when I gave birth to a baby boy. I couldn't stop thinking about how my husband loves him more than me and how things might be better if he wasn't born at all. Thus, I stayed away from him because I knew that I might do something I will regret for the rest of my life.
Almost instantly I went to a therapist and convince them that I need help. Among other things, I've tried herbal supplements and other book to treat depression but nothing works like the Depression Free Method. So now I'm proud to say I'm one of the happiest mother in the world. My husband loves us both very much and I thank the Lord for the blessing he gave us.
Depression Free Method?
Source(s): https://bitly.im/aMrb0 - How do you think about the answers? You can sign in to vote the answer.
- HolbrookLv 51 decade ago
I guess you are a prime example of the Public Education System...WWII did get America out of the Depression...not Europe or Japan...but America...
EDIT: For the people so steeped in History above me...why did employment go up? Because the US was selling the products of War to Europe...wow...
EDIT: When I say us I mean the US...I am not a citizen, nor were my family memebers of any other Country...the spending on the War got us out and the building of war equipment before the War raised employement rates...
Source(s): BA in History and Political Science - justgoodfolkLv 71 decade ago
I guess because we recognize we lose when we destroy. One of the most frustrating parts of arguing ideas is that people ignore the simplest logic.
However I was thinking about that broken window thingy and read the link again.
http://en.wikipedia.org/wiki/Parable_of_the_broken...
It states specifically : "His actions benefited the glazier, but at the expense not only of the shopkeeper, but the baker and cobbler as well."
Seems selfish glaziers who don't care at all about anyone or anything else would seek to keep the breaking of windows continuing.
To take it out of the analogy. Those who do benefit from the war and reconstructions are not the same as those who suffer and they couldn't care less about the big picture. If everyone loses but they win they only see gain.
Source(s): http://www.youtube.com/watch?v=_rRqeJcuK-A - Anonymous1 decade ago
There really isn't much logic behind it. Besides, it doesn't make any sense for weapons, tanks, bradleys, choppers and you get the points to be manufactured in the U.S. as we are taxed too heavily and there is way too many regulations on the job site that you are better off setting up shop overseas so that just won't work this time around.
WWII ended the depression--if you say anything enough it becomes true.
- Legio XVIILv 71 decade ago
The American homeland was pretty much untouched by WWII. The war was actually just a massive stimulus program with billions of dollars in government spending. So actually, yes, WWII did help bring America out of the Great Depression.
- Anonymous1 decade ago
If you destroy your own things and have to rebuilt your own things- how does that help??? WWII helped because of the BILLIONS in goods/supplies that we manufactured and sold to OTHERS. Employing millions artificially will not pull you out but employing millions to fulfill orders will. BTW this is a generality for YA purposes..
I think you need to go study economics and history then try again
Source(s): Degrees in history, business mgmt and accounting - jehenLv 71 decade ago
It was not so much the war as it was the enormous government spending. Classic Keynesian. The same kind of spending without the war would have accomplished as much if not more.