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Re: 65 years ago today (09/01/1945)

Posted by Spider-Pig on Thu Sep 2 05:21:21 2010, in response to Re: 65 years ago today (09/01/1945), posted by Grand Concourse on Thu Sep 2 00:37:14 2010.

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I dunno about FDR as number 2 on that list. It could also be reasoned that he prolonged the depression with massive spending than to let the economy rebound on its own. But on that list I would say maybe he'd be about 8th or 9th.

No. What prolonged the depression was in 1936 they cut back the New Deal somewhat to placate Republicans, which caused a loss of the gains of the previous four years. If you want to see the opposite of massive spending and how that affects the economy, look at how Hoover fiddled while America burned.

http://www.housingbubblebust.com/GDP/Depression.html

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