President-elect Donald Trump has promised to increase the pace of U.S. military shipbuilding. But his pledge to also clamp down on immigration could make it hard for shipyards already facing workforce shortages.
What happened in 1929 was a result of low wages and high unemployment pulling the rug out from under the economy, and therefore it suggests that policy that leads to higher wages and lower unemployment is needed to prevent a repeat.
What happened in 1929 was a result of low wages and high unemployment pulling the rug out from under the economy, and therefore it suggests that policy that leads to higher wages and lower unemployment is needed to prevent a repeat.
Sure, that stock market crash that destroyed a whole lot of wealth had nothing to do with it. Nothing at all.
It crashed because people were broke.
That is simply false.
🙄
You’re welcome to roll your eyes, but you made a factually incorrect claim.