Granted the 47% was from the news. I don't really trust the news that much but that so far is the only figure available.
And no, the companies that rely on cheap labor are not going to bring jobs back. That doesn't mean new jobs won't be created. But expansions/renovations ECT make jobs too. The rest of the figures I stated were from Pew Research. I'm not saying the are 100% :lol: (had to toss a number in there) accurate but as I said they are kinda considered the gold standard for research. Those are the tax numbers I posted.
But when the masses have money/more money to spend demand goes up. That demand creates more jobs than the government ever did. During the depression those who got jobs from government programs did not spend that money on personal stuff like the government expected. They spent it on basic needs because a brother or sister needed it. Same thing happened during the Carter/Reagan recession. Junior/Juniorett had moved back home so any extra income or tax savings went for food. Don't know what's going to happen now.
As for what we were taught in school concerning the Great Depression? Historians are looking at that again and finding that a lot of the stuff I was taught isn't accurate. For example, the government claimed that about 33% were unemployed. Well government census wasn't very accurate back then. Plus people were moving all over the place. Historians today are saying at the worst unemployment was as high as 80%. Keeping in mind that in my life unemployment has been as high as 28% (some claim as high as 33%) and we were not experiencing a depression? That 80% figure becomes believable.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
