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When Harding took office in 1921,the unemployment rate was at 11.7%.
By 1922,it was at 6.7%…
Also, how was he able to get it down to 2.4% by 1923?
This was the old way they calculated unemployment, too!!!
He had to cut out something??? What was it / were they?
How come this know nothing uneducated Harding was able to do things the intellectuals could not pull off??? Creating the most prosperous time in US history.
When Harding took office in 1921,the unemployment rate was at 11.7%.
By 1922,it was at 6.7%…
Also, how was he able to get it down to 2.4% by 1923?
This was the old way they calculated unemployment, too!!!
He had to cut out something??? What was it / were they?
How come this know nothing uneducated Harding was able to do things the intellectuals could not pull off??? Creating the most prosperous time in US history.
Sure, and we all know that "prosperity" was an illusion, a bubble of inflated housing prices and increasingly cheap, available credit without collateral.
The early 1920s recession was a post-war recession, similar to the 1946 recession. This recession is deeper and more complicated. Not all recessions are the same, and different types of recessions require different remedies.
The early 1920s recession was a post-war recession, similar to the 1946 recession. This recession is deeper and more complicated. Not all recessions are the same, and different types of recessions require different remedies.
Didn't he set an agenda of busting unions and lowing taxes across the board, while reducing the size of government intervention, by 1/3, reducing the debt???
How did that create so many jobs for those that were not working?
hmmm post war boom time... not dissimilar to WWII, roaring 20's followed by the worst depression in history. well until what was going on in 06-08. So now we have steps taken to prevent a depression worse than then and you want to compare... sorry. apples and oranges.
When Harding took office in 1921,the unemployment rate was at 11.7%.
By 1922,it was at 6.7%…
Also, how was he able to get it down to 2.4% by 1923?
This was the old way they calculated unemployment, too!!!
He had to cut out something??? What was it / were they?
How come this know nothing uneducated Harding was able to do things the intellectuals could not pull off??? Creating the most prosperous time in US history.
Did he do it like Obama is by faking the numbers with million man math made easy.
Warren G Harding is consistently rated as the most corrupt president in US history. How do you think he did it other than cooking the books like commissars in the USSR who cooked up numbers.
I believe he marched 5% of the unemployed to a field and had them shot. I'm sure if Obama hears this his ears will surely perk up even though I'm just joking around. I warned you though.
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