Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: EBH

War does not end depressions, the death of FDR and his economic policies with him ended the depression


59 posted on 09/19/2012 7:07:21 AM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
[ Post Reply | Private Reply | To 53 | View Replies ]


To: GeronL

The fact that the Depression dragged on for years convinced generations of economists and policy-makers that capitalism could not be trusted to recover from depressions and that significant government intervention was required to achieve good outcomes,” Cole said. “Ironically, our work shows that the recovery would have been very rapid had the government not intervened.” http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

I’m not so sure those policies died with FDR.


63 posted on 09/19/2012 7:14:39 AM PDT by EBH (0bama is guilty of willful neglect of duty.)
[ Post Reply | Private Reply | To 59 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson