The Second Great Depression
The Second Great Depression came as s surprise to most people of the time. They had not listened to the economists who said the deficit spending was unsustainable. Or the foreign policy experts or the businessmen who said that America could not maintain her position in the world without making hard choices. They thought the good times would never end. It was too late to stop the train of history by the time they realized the truth. The American government had lost all faith and credit with the last constituency it could not afford to lose. The American people.
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