Feb 12, 2009

FDR: Time-travelling destroyer of economies

(boingboing) - Representative Steve Austria (R-OH) has the skinny on FDR: the man was a time-travelling socialist.
"When (President Franklin) Roosevelt did this, he put our country into a Great Depression," Austria said. "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."
Most historians date the beginning of the Great Depression at or shortly after the stock-market crash of 1929; Roosevelt took office in 1933. Link

Photo: Herbert Hoover and FDR, 1933 (LoC).