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Tag Archives: great depression
Two Easy Steps
For full disclosure I’m not an economist, I don’t even play one on TV, but what follows is my best efforts to understand the economic crisis and two easy ways to make it worse.
Posted in Blog, Democratic Party, Economy, Republican Party
Tagged Congress, depression, fdr, great depression, herbert hoover, obama, protectionism, recession, stimulus
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Quote of the Day

When (President Franklin) Roosevelt did this, he put our country into a Great Depression. He tried to borrow and spend, he tried to use the Keynesian approach, and our country ended up in a Great Depression. That’s just history.
– U.S. Representative Steve Austria, R-OH
The Columbus Dispatch responds:
Most historians date the beginning of the Great Depression at or shortly after the stock-market crash of 1929; Roosevelt took office in 1933.
Posted in Blog, Quote of the Day, Republican Party
Tagged columbia dispatch, fdr, great depression, keynes, new deal, Ohio, steve austria, stock market
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