U.S. Deficits By Party

[Obnoxiously Slutty Girly Girl]

Marokai is right. Unemployment decreased dramatically (from 25% to 14%) between 1933 and 1937, when the New Deal was in full effect. When FDR decided to listen to the GOP's advice and cut govt. spending in 1938, the economy went back into a recession and unemployment bounced back up.

Indeed. In fact there's a line of thought that a larger New Deal, in terms of public works and the like, would have got us out of the crisis completely. WWII, however, provided just as excellent a stimulus.

Except it never would have.

And war is a terrible waste of resources.

[Obnoxiously Slutty Girly Girl]

Marokai is right. Unemployment decreased dramatically (from 25% to 14%) between 1933 and 1937, when the New Deal was in full effect. When FDR decided to listen to the GOP's advice and cut govt. spending in 1938, the economy went back into a recession and unemployment bounced back up.

Indeed. In fact there's a line of thought that a larger New Deal, in terms of public works and the like, would have got us out of the crisis completely. WWII, however, provided just as excellent a stimulus.

Except it never would have.

And war is a terrible waste of resources.

That's exactly what the economy needs though.. a terrible waste of free printed money.

No, that sort of thing is the reason the economy is in the terrible state that it is in in the first place.

War and government make-work programs only serve to conceal economic troubles in the short-term, and worsen them in the long-term.

[Obnoxiously Slutty Girly Girl]

Marokai is right. Unemployment decreased dramatically (from 25% to 14%) between 1933 and 1937, when the New Deal was in full effect. When FDR decided to listen to the GOP's advice and cut govt. spending in 1938, the economy went back into a recession and unemployment bounced back up.

Indeed. In fact there's a line of thought that a larger New Deal, in terms of public works and the like, would have got us out of the crisis completely. WWII, however, provided just as excellent a stimulus.

Except it never would have.

And war is a terrible waste of resources.

That's exactly what the economy needs though.. a terrible waste of free printed money.

No, that sort of thing is the reason the economy is in the terrible state that it is in in the first place.

War and government make-work programs only serve to conceal economic troubles in the short-term, and worsen them in the long-term.

Yeah, Herbert Hoover was a raging Liberal and... oh, wait, scratch that....

Herbert Hoover was no liberal. His economic policies were thoroughly interventionist and were what laid the foundation for what FDR would turn into the Great Depression. Good foreign policy, though.