RandomPoster
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- May 22, 2017
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- #41
It's been 90 years and still no one can articulate what FDR should have done instead of what he did do.So what plan did the Republicans put forth to solve the depression? The only one I know of was RFC. What is the Republican plan today to ease recessions?Great Depression began with the marker crash of 1929, years before FDR was elected in 1932 and inaugurated in 1933.
I said he made it worse and caused it to drag on, not that he created it. Hoover and the Fed messed things up and then FDR came along and kept trying to spend his way out of the depression.
Like I said, Hoover failed miserably. Everyone involved meddled too much from raising interest rate, to raising taxes, to pumping up labor unions, and basically doing the opposite of what they should have done.
Cut taxes, reduce social spending, side with entrepreneurs instead of labor unions, reduce regulations and let the businesses have freedom to operate, and if possible coerce the fed to slash interest rates to zero percent.