Quote:
Originally posted by sgtclub
HA! Took him 13 years to do it! Seriously, most economists believe that Roosevelt's actions deepened and prolonged the depression. And does he really get credit for winning the war? I thought that was Truman.
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Yes to end a recession, you cut taxes and increase spending. Roosevelt kept trying to keep the balance in budget. He increased spending, but in order to pay for it he increased taxes on the rich. Therefore he never pulled us out of the depression. WWII forced the government to increase spending dramatically and it pulled us out of the depression. Bush learned this lesson, and applied it when he got to office in 2000.
