3 ms·
Federal government spending increased 47% under the Hoover administration and grew further under the Roosevelt administration (who had initially criticized Hoov
by helveticaman 18y ago
Federal government spending increased 47% under the Hoover administration and grew further under the Roosevelt administration (who had initially criticized Hoover's spending). This fits under the paradox "If something isn't working, do it more." I feel like depressions are very misunderstood phenomena, partly because there hasn't been a big one of late.