Jeffrey Whipple Wrote:
Sep 03, 2012 9:53 AM
Somebody needs to read some history. Hoover Dam way built to stop flooding something it has never failed to accomplished. Hoover Dam contracts were completed prior to the stock market crash and had nothing to do with the new deal. The states that have part of the colorado river in the state built the Dam. Hoover Dam had to have contracts to sell enough power to pay for the Dam prior to starting the Dam. The original purchasers of the power have still never revived any power. Buy the time the dam was finished WWII had started and the war effort got all the power. So lets take a quick summary of the Dam, it had nothing to do with the new deal and was not part of Keynesian economics, it was build for practical reasons and accomplished