What did America do to get out of the great depression?
A massive redistribution of wealth. The effect of the depression was the middle and lower classes ran out of money, because the upper class had accumulated so much so fast, the cash stopped flowing. The super-rich of their day couldn’t or wouldn’t spend it fast enough. Think of a log jam on a river. By raising taxes on the rich, borrowing a great deal, and using the cash to build public works and later on to build up the war effort, cash was put back into the hands of the lower and middle classes who turned around and spent it. Cash has to flow like a circle, or a tide. If it stops, when one small group controls a lot of it and doesn’t let it flow back to the lower and middle classes, you get a depression. So I’d go with redistribution of wealth, investing in infrastructure and war spending.
