1) FORD MOTORS did it without Government (aka Obama) intervention 2) About that artificial GDP # growth: "The acceleration in real GDP in the fourth quarter primarily reflected an acceleration in private inventory investment, a deceleration in imports, and an upturn in nonresidential fixed investment,” the BEA said in its initial estimate on the last three months of 2009. (BEA-Bureau of Economic Analysis) Real private inventories actually contracted $33.5 billion in the fourth quarter from the third quarter, but that was far less than the $139.2 billion inventory retrenchment in the third quarter and the $160.2 billion decrease in the second quarter. The inventory improvement contributed 3.4 percentage points to the quarter’s economic growth.
But I think everything I just said is too much for you to understand Independent A:~).
Unemployment is over 10% and real unemployment is 17%. The POTUS said he wants a jobs bill introduced soon that is just another STIMULUS. You people need to do some studying.
The best year of the stock market was in the 30's. The best 3 years for the stock market was in the 30's. The best five years of the stock market was in the 30's.
So does that mean the depression was over in 32? The best year for the stock market in history? NO!
We have very many similarities to the 30's. FDR extended the depression by his policies. BHO is going to take a soft depression and make it worse with his increase in taxes and cap-and-trade.
So no Obama isn't doing great. He added $1.6 trillion to the national debt this year. The supply of money has increased 125% the past 18 months.
This is according the stl fed website. So we are in TROUBLE!
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.