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TAXATION INVESTMENT PART 10

Had full employment being guarranteed by Taxation Investment of the speculative boom of 1920s when america had 30,000banks,the economic crisis during great depression would not have crashed GNP so much down that it shrunk to $55.8b.from its peak of $103.4.bin 1929,fallen in trenches prior to the resurgence of 1941.Great depression ought to have classified Great boom era had taxation investment being moderately though not applied.Infact GDP ought to have doubled and trippled to $310.1billion,taking more advantage of war boom economy .It should double every 4 years to notch by 1937 and 1941 about $620.2b.and $1.4.4tr.That is to say could have reached a trillion dollar by 1940s during the war.Taxation investment has the magic wand to hedge public spending through neoliberal boom and burst cycle period and avert business cycle volatility.Had job security been guaranteed,25%unemployment rates of depression to pull off huge chunk nightmare of not the same 25%but a staggering 50% wiped out from GDP.Had the doubling



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TAXATION INVESTMENT PART 10

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