1933: NIRA |
The National Industrial Recovery Act extended the power reach of the statist. It increased the size and authority of the Federal government. The result was a 25% drop in industrial production over a six month period. Harold Cole and Lee Ohanian (UCLA) conducted a study in 2004 concluding that the great depression was extended by seven years because of government intervention. Without that intervention, the free market would have corrected quickly. The depression would have ended in 1936, but government intervention extended the depression to 1943. Students have since been taught that the free market can't be trusted to avoid depressions. However, the great depression was caused by tyrannical government and prolonged by tyrannical government. Source: Liberty and Tyranny by Mark R. Levin ![]()
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Other Pages in this section1902 Holmes Destruction 1902 Constitution Unconstitutional 1907 Brandeis Deception 1923 A.L.I. Declairs Good = Evil 1928 Great Depression Seeds 1932 Liberalism Redefined Hitler\'s Pope '48 Move Songs Revival 1948 Sharon 1948 Kirkpatrick 1948 Kinsey Fraud 1954 Churches Lose Freedom 1960s: Revolution 1973 Roe v. Wade 1973 Roe v. Wade, Disease, Suffering, & Death 1977 Carter\'s surveillance Atheism Propagands & Death 1995 Fallen Nation 1997 Study: Home Schooled Students Rank Higher 1965-2005: Stage Set for Katrina Recently Viewed |