November 30, 2008
The New Deal did not work
Read all about it from George Will. Just remember this:
...It did take 25 years, until November 1954, for the Dow to return to the peak it reached in September 1929. So caution is sensible concerning calls for a new New Deal...
And it took a world war finally to lift the US out of the depression. Nice thought, eh? Anyway let's keep some perspective in Canada.
Mark C.
Posted by markc at November 30, 2008 08:49 PM