mai said:
Kaz and everyone else, You don't see forest behind the trees. All these deficit spendings and GDP are obviously important and all, but if one wants to support the idea of WW2 as the biggest reason of US recovery from Great Depression, he should take a look at the big picture. Your opponent is missing a good argument here, i.e. a post-war world order usually referred as Bretton Woods system. I doubt you'd argue that Bretton Woods is the main consequence of the WW2 and US are the biggest beneficiaries of it after all. The rest should be clear to every moderately educated person, so I'd probably save mine and yours time by not repeating banalities unless you insist :) |
How would that be a good arguement for him?
My arguement is simply that WW2 didn't get us out of the depression because of government spending.
I'm argueing that deficit government spending only acts as a masking agent of actual economic movement.
The Bretton Woods system was essentially the facilitator for massive "fairer trade" making it easier for the US to ship it's goods over the rest of the world, like war torn europe.
Which, it's been a while, but i'm pretty sure I listed as one of the main reasons we recovered. If i remember correctly I said increased foreign demand for US goods during the war, and much freerer trade after it. (Which again is what Bretton Woods acomplished.)