Obama might be the dumbest president we have ever had.

[Avinash_Tyagi]

Yeah, but in 1937, Jackson, FDR unwisely tried to cut back on spending and balance the budget, now that was far worse than wage inflation and allowing price collusion, and that was when the economy went south again, for all your railing against flawed government intervention, our economy went up during that period, it was only when he stopped following that idea that the economy tanked.

Also Jackson FDR did pass the Agricultural Adjustment Act of 1938 and the Fair Labor Standards Act in 1938, but that was the last major legislation he got through because his political power was weakend by the 1937-38 recession, one piece of legislation wasn't enough to undo the damage of those right wing ideas

 Also Jackson, the only reason recovery was weak in 1939 was because 1939 was after the new deal had basically been snuffed out and FDR had unwisely reversed himself, you're blaming the new deal when the real culprit was not sticking to the new deal

Also After 1939, the US starts gaering for war, and that takes deficit spending and government intervention and that brings us out of the Depression