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"The recovery from the Great Depression began instantly with Roosevelt’s policy shift, in March 1933. He had changed expectations, and begun an administration t
by vijayboyapati 14y ago
"The recovery from the Great Depression began instantly with Roosevelt’s policy shift, in March 1933. He had changed expectations, and begun an administration that would use money as a tool to bring widespread prosperity -- rather than serve as a tool of moneyed interests."
This is pure economic propaganda. Anyone with a whit of knowledge of the period knows that the depression lasted through the entire 30s, with unemployment remaining very high for the whole decade (it was 19% in 1938)