Economic Goals: Great Depression

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Great Depression 1930s

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  • Great Depression, 1939 Anywhere, U.S.A.
  • Boy, this recession is kicking our butts. 
  • There's so much cyclical unemployment. We need expansionary fiscal policy. 
  • What are those?
  • That's when the government decreases taxes and increases government spending to help grow our GDP!
  • Cyclical unemployment is when people lose jobs because the economic output is minimized! 
  • It's all part of the business cycle. Look at this farm!
  • Our deflation rate is nearly -30%! Nobody has money...
  • So consumer spending is decreasing...
  • Our natural rate of unemployment is 4-6%. I heard this morning that it's nearly 25%!
  • Japan just bombed Pearl Harbor. Y'all better get in here and sign up for the draft if you're GOOD Americans!
  • Well, I guess this is how we're getting through this depression.
  • Oh no!
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