Per Capital GDP Growth by President

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John Maynard Keynes called FDR an economic illiterate.

It was World War II the FORCED FDR to do what Keynes had been telling him to do all along.

John Maynard Keynes, the economist, pleaded with him to keep spending, but FDR said no. In a famous sidewalk interview in front of the White House, Keynes said that he didn’t expect to find the president of the United States so “economically illiterate.” As Keynes feared, in 1937-38 came the “Roosevelt Recession,” what we would now call a double-dip recession. Lesson learned, FDR resumed spending.

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