Page 94 - Big Difference News Today

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>> john, how do you think we got out of the recession? it was world war ii and that was a lot of spending. >> no, world war ii, a big difference. big difference. >> what is world war ii? its spending, high government spending. it went above g.d.p. in world war ii and the reason why the government spending gets you out of recession, you have a lot of unused resources in a recession. you spend money and then comes the multiplier effect. people have more money in their pockets and they can spend. w...