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From: AMuzi <am@yellowjersey.org>
Newsgroups: rec.bicycles.tech
Subject: Re: Normalcy returns again. maybe this time it'll stick
Date: Sun, 8 Jun 2025 09:11:11 -0500
Organization: Yellow Jersey, Ltd.
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On 6/8/2025 4:19 AM, Catrike Ryder wrote:
> 
> https://www.smithsonianmag.com/history/warren-harding-back-to-normalcy-after-1918-pandemic-180974911/
> 
> https://intellectualtakeout.org/2025/06/happy-normal-people-month/
> 
> --
> C'est bon
> Soloman

Great example.  Mr Harding understood the usual recession 
following a major conflict could be ameliorated and so he 
cut Federal taxes dramatically and fired nearly half of 
Federal employees.  The sharp short 1919~1920 recession was 
stopped in 1921 and the country entered a dramatic growth era.

Britain struggled to maintain the Sterling/Gold rate and 
suffered horribly, as did much of the rest of Europe.

-- 
Andrew Muzi
am@yellowjersey.org
Open every day since 1 April, 1971