Tuesday, October 12, 2010

FDR's policies prolonged Depression by 7 years

Quoting the UCLA Newsroom,
from a press release dated August 10, 2004.
(I inserted the critically important link):
“Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt…

We found that a [Great Depression] relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies.”
Click the image & read the rest:
Click the image & read the rest
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