The New Deal made the Great Depression worse. The best reaction to a depression by a US government was in 1921 (i.e. do nothing). It was actually a more severe depression than the one that started in 1929, but no one remembers it since it was so short.
Also, it was FDR’s “New Deal” that drove the government to force farmers to throw away millions of pounds of food every day in order to drive prices up while millions starved. FDR was convinced that “over production” led to the Depression, and that only by forcing prices up could the economy grow itself out of the Depression
Mar 20, 2014
Sep 30, 2017