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154 The unemployment rate rose oakley sunglasses real reason during the Hoover administration was not the aversion to deficits, and his enthusiasm for the gold standard. No, the only thing Hoover was isolated from all previous U.S. presidents, the persistence of a high order not to cut wages to meet the economic collapse. Hoover was a bad idea that the purchasing power of workers has the power source of an economy, and seemed to set in motion a vicious cycle, where the company began layoffs and payroll reductions in the controls cheap oakley sunglasses due to reduced demand. The results speak for themselves. In the liquidators shame the season before the Hoover Depression was (or panic ) is usually about two years. Yes, it certainly was not fun for people to see their salaries reduced very quickly, but will ensure a speedy recovery, and in any case, the blow was cushioned because prices were generally lower. So what is the fate of workers at the time of the alleged compassion Hoover, when 'enlightened' salaries amid falling prices and profits contractor? Well, ECON 101 says the price increase, a smaller amount of lead purchased. As real wages of workers (ie pay a nominal price deflation adjusted) rose more rapidly in the early 1930's, when they had during the roaring twenties, the companies could not hire more workers. Consequently, unemployment has climbed to ray ban sunglasses about 28 per cent by March 1933 incredible. Everything is very interesting, said the incredulous reader, but it is indisputableoakley sunglasses that we spend large World War II, America is in depression. Ah, here we come to one of the biggest myths of corporate history, the supposed fact to prove that military spending in the U.S. economy. In my book, based largely on the pioneering work of revisionist Bob Higgs, who in many articles and books that the U.S. economy was depressed until 1946, when the federal government has finally loosened the grip on the country's resources and that worker has shown. For a more detailed explanation will (of course) to buy my book. But here's the summary: Of course, the unemployment rate has fallen far behind the United States began drafting men into the armed forces. Is it any wonder? For the same reason, if Obama wants to reduce unemployment today, you could get two million workers laid off, paying with floaties hand, and send them to fight the pirates. Voil! The downward trend in unemployment. The official government measures of GDP growth during the war and misleading. GDP figures include government spending, the massive military spending figures have thrown a pot, hassport sunglasses spent $ million in the same tank hardly the true economic return of $ million households spent on cars.