Akvod said:
I didn't learn that at college... in fact, my professor complained that FDR went half assed with his fiscal policy, and balanced the budget, which resulted in a second recession. |
Which, as we've already covered... is totally wrong compared to pretty most economists. You had a poor teacher that was teaching things contrary to what most economic schools believe.
Monetarists, NeoClassical and New Keynsians all agree that FDR extended the depression.
Only NeoKeynsians disagree and they are a marginal force.
Heck, a good example can be seen by the "second recession" we appear about ready to go through. History repeating and all that.








