The answer to that is a straight yes, and probably has beensince 1918, though its recoveryas aclaimant Great Power between 1940 and 1945 fooledalmosteverybody.
Administrator Fugate is with us today, and I asked him to join me so that he could answer some of your specific questions about recovery and relief efforts.
The answer is that for policy makers whose survival depends on economic recovery, few activities have such direct, intense and immediate positive economic impact as new home construction.