Comment on Bruce Bartlett: The Real Lesson Of The New Deal ( We did not spend enough !)

Bruce Bartlett: The Real Lesson Of The New Deal ( We did not spend enough !)

One reason why Republicans strenuously oppose the Obama administration's fiscal stimulus plan is because it repeats the errors of Franklin D. Roosevelt. To them, the New Deal was mainly about vastly expanding government spending and deficits, which Republicans believe made the Great Depression worse rather than better. Therefore, doing so again in the present downturn will also lead to failure.

 

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