Oh I had forgotten what a total nut job you are!
Never mind- I will leave you spin your nutball conspiracy theories.
As you and "rightwinger" know, while President Franklin Delano Roosevelt was a great war president, he was a terrible domestic president and extended the Great Depression by seven years.
Also revealing is the fact that the massive bailouts used by FDR which extended the Depression is exactly what failed former President Barack Hussein Obama did...that extended our recovery to most of his eight-year administration.
Surely you agree that UCLA is the farthest thing from a Conservative source as is possible.
FDR's policies prolonged Depression by 7 years, UCLA economists calculate
By Meg Sullivan August 10, 2004
Category:
Research
Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.
After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.
"Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump," said Ohanian, vice chair of UCLA's Department of Economics.
"We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies."
[…]
As union membership doubled, so did labor's bargaining power, rising from 14 million strike days in 1936 to about 28 million in 1937. By 1939 wages in protected industries remained 24 percent to 33 percent above where they should have been, based on 1929 figures, Cole and Ohanian calculate.
Unemployment persisted. By 1939 the U.S. unemployment rate was 17.2 percent, down somewhat from its 1933 peak of 24.9 percent but still remarkably high. By comparison, in May 2003, the unemployment rate of 6.1 percent was the highest in nine years.
Recovery came only after the Department of Justice dramatically stepped up enforcement of antitrust cases nearly four-fold and organized labor suffered a string of setbacks, the economists found.
"The fact that the Depression dragged on for years convinced generations of economists and policy-makers that capitalism could not be trusted to recover from depressions and that significant government intervention was required to achieve good outcomes," Cole said. "Ironically, our work shows that the recovery would have been very rapid had the government not intervened."
-UCLA-
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FDR’s policies prolonged Depression by 7 years, UCLA economists calculate - Frontiers of Freedom