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Politics : Formerly About Advanced Micro Devices
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To: Steve Dietrich who wrote (495380)7/15/2009 1:07:45 PM
From: i-node  Read Replies (2) of 1573452
 
>> A simple chart of GDP growth during FDR's presidency

This is, of course, bullshit. While there was growth in GDP, how could there NOT have been? There was massive government spending having people do makework.

But as soon as the the government quit spending, the growth stopped (and retraced). And in fact, without the return to massive spending, mostly in support of the war, who knows when the Depression might have ended.

This really isn't a legitimate debate subject. The policy of FDR actually prolonged, not shortened, the depression -- taking us basically 10 years to dig our way out of it. That certainly isn't a track record we should be pleased with.
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