Damus
Guy Swann · 77w
FDR **caused** the Great Deression. The guy is competing for the most blatantly socialist & economically disastrous president we’ve ever had with Woodrow Wilson.
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I'd agree that he greatly extended The Great Depression and made it worse, but Herbert Hoover was also pretty interventionist and had some pretty terrible policies during his term. The stories of farmers producing milk and pouring it down the drain were under his watch; they had some dogma against deflation at the time.
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Guy Swann · 77w
for sure, but the great depression was simply something that would have been cleared by the market in about 6-12 months like every major down turn is when there isn't aggressive intervention. So FDR is the only reason it lasted for 10 years and actually *became* the Great Depression to begin with. ...