BrainKing - Дискусии (Politics)

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Politics

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25. август 2010, 02:24:18

Papa Zoom

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FDR's policies prolonged Depression by 7 years, UCLA economists calculate

By Meg Sullivan August 10, 2004 Category: Research

Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.

After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.

full article here: http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America
http://www.amazon.com/New-Deal-Raw-Economic-Damaged/dp/1416592229

Worth the read.