samneanderthal
Active member
Roosevelt built rather few bridges (the Goldengate was not a federal project), highways (the US highway system was built by Eisenhower) and railroads (they preceeded Roosevelt). He built the Tenessee Valley irrigation system, the Columbia basin system, etc,). That water increased agricultural capacity and industrial capacity considerably (alluminum production, etc, from that electricity), making the industrial boom in WW II possible. The Chinese out did all that work with the 3 Gorges project.
I don't know if having a social safety net that collapses along with the economy is better than never having had one.
Another big difference with the 1929 depression is the billions of dollars now leaving the country for the drug cartels, which not only pay no tariffs, but require a huge expenditure pretending to deny them access.
I don't know if having a social safety net that collapses along with the economy is better than never having had one.
Another big difference with the 1929 depression is the billions of dollars now leaving the country for the drug cartels, which not only pay no tariffs, but require a huge expenditure pretending to deny them access.