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.
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