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DENNIS PATRICK: APPROACHING QUADRILLION BUDGET! |
FDR’s budget doubled between 1931 and 1938 while concurrently unemployment climbed. The CCC and WPA destroyed jobs in the private sector by creating make-work jobs in government. Unemployment peaked in 1933 at 25% and only dropped to 17% by 1940.
From 1929 to 1940 a struggle ensued between the public and private sectors of the economy. The private sector dominated in the beginning, the public sector dominated at the end.
Unlike today’s global warming scam, Obama’s recession is very much manmade. Sadly, it doesn’t have to be this way.
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