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>The left frequently cites FDR and how things turned around after the people had enough and were at the breaking point. The New Deal did very little to stop th
by thrown_22 5y ago
>The left frequently cites FDR and how things turned around after the people had enough and were at the breaking point.
The New Deal did very little to stop the great depression until WWII started. People forget that everything in the New Deal was still too little too late and it was only fixed when the federal government debt was 20% of the US economy for 5 years between 1941 and 1946.
- giantg2 5y agoI forget the details, but wasn't a major part of the issue that they tried to address it from a fiscal point of view and largely ignored or used the wrong monetary policies?