WWII and COVID-era growth through the lens of economic rebounds
A commenter attributes some WWII-era growth to Depression recovery and calls COVID-era growth a return to trend.
TLDR
A commenter says rapid industrialization during World War II brought three years of 17% growth and full employment, but much of that reflected a Depression rebound; they note unemployment was 15% in 1940. They also describe a year of 35% growth during COVID as a return to trend after the economy was shut down for a quarter.
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