On Why The Stimulus Was Ineffective

Really interesting economic points.

Funnily, now many people are talking about how it was WW2 and NOT increased government spending (ie works projects) that got us out of the great depression. The main difference being the length and NOT the amount of WW2...

Shouldn't Bernanke - who was supposedly this big Great Depression expert - have known this? Also, can we also acknowledge the post-war growth was mainly due to all the other industrial nations being destroyed and not some sort of magical American ability or even a natural business cycle?