Monday, February 9, 2009

FDR's New Deal worked, work well, and worked quickly.

I have heard this canard being bandied about that FDR and the New Deal just deepened the recession; that it was WW2 all by its lonesome that got us out of the great depression. The simple graph, above, (thanks, Devilstower at DailyKos) shows that FDR's plan worked, worked well, and worked quickly.


kerfuffler said...

Thanks for the reassurance. I hope things work out well this time around.

mfranti said...

the raw deal, as i've heard over and over and over and over at work.

i think it could work--short term.

we need swift war-time responses to environmental issues (air, population, poverty, energy,water)

i'm shut my mouth for now.