I wish each and everyone of you happiness and prosperity in your career and personal life!

Pat


Monday, July 19, 2010

Was FDR a Hero or an Opportunist

By Pat Meehan

Did FDR save us from the Great Depression? Below are unemloyment rates from 1929 - 1939. Your call... Please post your comments.

1929 3.2%
1930 4.2%
1931 15.9%
1932 23.6%
1933 24.9%
1934 21.7%
1935 20.1%
1936 16.9%
1937 14.3%
1938 19.0%
1939 17.2%






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2 comments:

Anonymous said...

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Anonymous said...

I came upon your post by chance. What is your source for these numbers? The US Bureau of Labor starting measuring unemploymnet rates by actual enumearation only after 1948. So numbers for the years you have listed are pure guesstimates. Moreover your numbers show that unemplyment rates went from 4.2% in 1930 to 15.9% in 1931. Can we really believe that?