The government didnt even think of cutting spending durring the depression...the exact opposite is what happeneddazed&confused wrote:In 1930, in the teeth of a mounting Depression, government cut spending, increased taxes on everyone and erected trade barriers. The result......
1933-Emergency banking act...Economy act...CCC...AAA...TVA.....NIRA......NRA.....PWA.....Banking act 2 .....FERA.....FHA.....CWA....ETC....
1934-National housing act....Securities and exchange act.....HOLC.....WPA....SSA...National youth admin....National labor act....Farm security admin.....etc...
Dont know where you got the idea that gov curtailed their spending.....but you did paint quite a teary, feel sorry picture....