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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (190088)6/15/2004 9:20:06 AM
From: Neocon  Read Replies (1) of 1574260
 
My take is that most of the New Deal was economically unsound, but that FDR probably saved us from a worse political crisis by being willing to experiment. I also think that the state of economic knowledge was shakier than today, and allowed for more handwringing over the instability of capitalism, and more political attempts to cure the alleged defects.........
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