Obama announces end of Iraq war, troops to return home by year end

[Kasz216]

sethnintendo said:

Kasz216 said:

If the person after Obama is the second coming of FDR then the US is REALLY screwed, as i doubt there will suddenly be massive new free trade

Which is what actually got us outta the Great Depression.

Free trade isn't the reason why US finally got out of the Great Depression.  WW2 was the main reason why the US recovered fully.  The hiring of a mass workforce for military projects.  The same can be pretty much said for Germany before WW2 (besides declaring all debt null from WW1, etc..)

Free trade AND Massive increase in foreign demand.

After the FDR dip,  Our economy grew again well before we entered WW2... and before we started gearing up for war ourselves.

 

Our largest year of growth GDP wise was the year we entered the war.  However we entered the war in December.

After that, GDP growth shrunk.

From a purely economics view, our GDP would of grown highest and quickest had we not supported either side, stayed nuetral and sold weapons to alll.