https://www.nationalreview.com/2020/05/coronavirus-pandemic-us-economy-lessons-from-world-war-2/
Does World War II offer any lessons regarding our wrecked economy and staggering unemployment from the lockdown reaction to the coronavirus?
Seventy-five years ago this month, Germany surrendered, ending the European theater of World War II. At the war’s beginning, no one believed Germany would utterly collapse in May 1945.
On the morning of December 7, 1941, the day of the Japanese attack on Pearl Harbor, German invaders were on the verge of capturing Moscow. Britain was isolated. London had barely survived a terrible German bombing during the Blitz.
A sleeping America was neutral, but it was beginning to realize it was weak and mostly unarmed in a scary world.
But by 1943, a booming U.S. economy was fielding vast military forces from Alaska to the Sahara. Britain and America were bombing the German heartland. The Soviet Red Army had trapped and destroyed a million-man German army at Stalingrad.
How did the Allies — Britain, the Soviet Union, and the U.S. — turn around the European war so quickly?
The huge Red Army would suffer close to 11 million deaths in halting German offensives. Britain would never give up despite terrible losses at home and at sea from German bombers, rockets, and submarines.
Yet the key to victory was the U.S. economy. It would eventually outproduce all the major economies on both sides of the war combined.