>Accorsing to Galbraith, industrial production peaked around June of '29.
>By the time of the crash, it had already started a gentle slide, which
>didn't accelerate until November.
>So, it seems that picking January 1930 as the peak is not too far off
Going from 30 to 40 instead of 29 to 37 leaves off the growth years of 29, 39 and 40 (and one bad year, 1938).
I would reiterate that appeals to experience have limited effects in boosting anti- privatization arguments, for reasons to be found in my numerous posts.