It didn't shut down the economy though did it? Over and over, you are presented with facts and continue with the same garbage narrative again and again. Get Right.
These miscreants do not need valid criticisms as they don't care a bit about what you are presenting. I typically do not engage them other than an acknowledgement that I looked at their garbage and dismissed it with prejudice. The way that I respond is a powerful message to the ne'er-do-wells.
Recession of 1949 https://en.wikipedia.org/wiki/Recession_of_1949 The 1949 recession was a brief economic downturn; forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetime.[2] The recession began shortly after President Truman's "Fair Deal" economic reforms. The recession also followed a period of monetary tightening by the Federal Reserve
What's your point.... After WW2 (and WW1) the U.S. economy was one of the few economies left standing in the world that was not damaged by war. Our GDP post-war was enhanced by selling to all the war ravaged nations. Despite post war pandemics/epidemics after both wars the U.S. GDP suffered minimally compared to other nations. Keeping in mind that the U.S. GDP was very different back then than it is now - our nation was much more rural --- and the U.S. was the manufacturing center for furniture, textiles, steel, etc. - these industries were for the most part located outside of major cities & relied on railroads for transport of goods. Without the flu pandemic after WW1 and polio epidemic after WW2 - our GDP would have likely been 1 point higher in each quarter of these post war years.
You're so off the mark. The downturn should have been much much greater back then because people could not work from home like they can now. Yet, 1949 thru 1952 does not reflect a downturn other than the short recession in 1949 where polio and lockdown are not even considered as factors.
Let's see how the economy is doing in no-lockdown paradise Brazil Nearly eight million Brazilians out of work due to Covid-19 https://www.cnn.com/2020/06/30/americas/brazil-coronavirus-unemployed-intl/index.html Nearly eight million people in Brazil have lost work due to the coronavirus pandemic, according to new figures released by the country's statistics agency Tuesday. The Brazilian Institute of Geography and Statistics, IGBE, released its report for the trimester showing that a record 7.8 million people lost work in country. Of them, 5.8 million were workers in the informal sector. The institute put the figure of people who are still working in Brazil at the end of May at just 49.5%."For the first time in the historical survey series, the level of occupation was below 50%," IBGE said in a statement. Since data collection started in 2012, "this had never happened," IGBE analyst Adriana Beringuy said in a statement. "This means that less than half of the working age population is working," Beringuy added. Brazil's minimum legal working age is 14. The total number of Brazilians in the work force stands at 85.9 million, an 8.3% contraction from the same period past year. And the unemployment rate in Latin America's largest economy rose to 12.3% at the end of May, affecting 12.7 million people, the highest level since the same three-month period in 2018. Economists are pointing to a historic economic recession in Brazil due to coronavirus, which has decimated an already struggling economy. The Brazilian Central Bank estimates a 6.4% drop in GDP for this year, while The Monetary International Fund is more pessimistic and predicts a 9.1% fall for 2020. Coronavirus cases in Brazil continue to skyrocket daily. The country has recorded more than 1.3 million cases of the disease according to Johns Hopkins University, the second highest count in the world behind the US.
Trump of Brazil may have COVID-19 https://www.ctvnews.ca/world/brazil-s-bolsonaro-says-he-will-be-tested-for-covid-19-1.5013257