Economic
Fact: The deeper a recession, the faster and sharper and better the
recovery. Any president coming into office ought to welcome this
opportunity to look good.
In
the post World War II period, there were 11 recoveries from economic recessions. What is currently known as the Great Recession is
the worst.
In
fact, there was a recovery in the early 1930s when the stock market
bounced back from the 1929 debacle.
Note:
Keynesian ultra-spending in each case has helped cause a delay in
what would have been a natural bounce-back. (See the Earl J. Weinreb
NewsHole® comments.)
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