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> As for FDR, his new deal programs are widely regarded as deepening and prolonging the Great Depression. That is absolutely not true. That idea is not widely
by guelo 1y ago
> As for FDR, his new deal programs are widely regarded as deepening and prolonging the Great Depression.
That is absolutely not true. That idea is not widely accepted among mainstream historians and economists.
The generally accepted lesson from the depression is that the fed policy was wrong. That theory has been mostly successfully deployed to subsequent recessions.