Maybe Tommy forgot this little fact because in 1933 he was only 3 years old. Yeah, that must be it. (The Meghan McCain Defense.)
Now, during the next four years–the same four years cited by Sowell–the national unemployment rate went from 25% to 16.9%. Funny how he doesn’t tell you this, isn’t it?
Here’s the year by year break down for those of you playing at home:
1933: 25%
1934: 21.7%
1935: 20.1%
1936: 16.9%
Now, during the next four years–the same four years cited by Sowell–the national unemployment rate went from 25% to 16.9%. Funny how he doesn’t tell you this, isn’t it?
Here’s the year by year break down for those of you playing at home:
1933: 25%
1934: 21.7%
1935: 20.1%
1936: 16.9%