Saturday, January 9, 2021

FDR's "New Deal" And The End Of The Great Depression

The Great Depression was one of the worst economic periods in US history. FDR's "New Deal" enacted during it instituted many beneficial social programs to aid individuals and families during such. Many of these programs continue to help society today. In fact, even most detractors of The New Deal admit that overall they were positive. However, many detractors also say that it didn't end the Depression and that it took the massive government spending in support of World War II to end it. (link) (link)(link)(link)(link)(link

If massive spending by the government on World War II ended The Great Depression, why wouldn't similar massive government spending on more programs for a "war" "attacking" infrastructure needs, poverty, and inequality work today?

No comments:

Post a Comment

Labels


Click on image

Choose how you look at reality wisely. Yes, it is a binary choice.

Choose how you look at reality wisely. Yes, it is a binary choice.
Click on image