No, the lesson is to not block recovery via laws passed to satisfy the political need to "do something, anything!". See "Economics: Public and Private Choice"

No, the lesson is to not block recovery via laws passed to satisfy the political need to "do something, anything!". See "Economics: Public and Private Choice" by Gwartney, Stroup, Sobel, MacPherson. The part you want is "Lessons from the Great Depression", which is Special Topic #6 in the 14th edition. It's pretty damning. We responded by restricting trade, creating cartels, destroying food, and so many other self-destructive things.