I'm sorry, thread, I can't resist taking this shot:
| Numbers of Banks and Bank Suspensions | ||
| Year | Number as of 12-31 | Suspensions |
| 1929 | 24,633 | 659 |
| 1930 | 22,773 | 1350 |
| 1931 | 19,970 | 2293 |
| 1932 | 18,397 | 1453 |
| 1933 | 15,015 | 4000 |
| 1934 | 16,096 | 57 |
|
Data are from Table V 20-30 in Historical Statistics of The United States: Colonial Times to 1970, 1975, p. 912. |
Clearly New Deal reforms had no effect on the banking crisis whatsoever.
I think that any neutral party, upon comparing your quote "Unemployment was down slightly at the end of the '30s compared to when FDR took office, from insanely high to slightly less insanely high." to my graph [edit: the previous one, the one that was actually about unemployment ... just in case you were unclear], will perceive the reality of the situation.
Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.
"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
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The old smileys: 
; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for 
, let me know!
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I have the most epic death scene ever in VGChartz Mafia. Thanks WordsofWisdom!
