User:Mwillis94/sandbox

World War II was financed through debt and higher taxes, by the end of the war, U.S. gross debt was over 120% of GDP and tax revenue increased more than three times to over 20% of GDP. Although GDP growth skyrocketed to over 17% in 1942, both consumption and investment experienced a substantial contraction. One of the key causes was government control of raw resources and materials. Trend lines taken from before the war and dating from 1933 onwards clearly indicate that for investment, consumption, and GDP growth there was no increase in the trend lines after the war had finished. While unemployment was virtually eliminated, recovery was well underway prior to the war, and the key counterfactual is whether similar spending on public works would have generated even more growth. The stock market initially dropped and once victory was foreseeable then rose to be higher than at the start of the war.

HADES
Hades is the greek god of the underworld.