Sunday, August 29, 2010

Great Recession

You may have heard of this in many classrooms from your high school but the policies that Franklin Delano Roosevelt had taken at the time actually prolonged the Great Depression, not shorten it. Here is an article from the UCLA:


FDR's policies prolonged Depression by 7 years, UCLA economists calculate

6 comments:

  1. tell me about it 19 yr old paying for a new car and college on his own =[

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  2. I am fairly sure that the only reason SC2 was still released is that north korea took over and won the war so quickly. Now they need to pay for the cost of war and have release sc2 to the world. It's a clever gimmick.

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  3. had my scholarship reduced, FU FDR!

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  4. Now this is someting I can get down with.

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  5. Gotta say I disagree, I'm more of a keynsian.

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  6. "tell me about it 19 yr old paying for a new car and college on his own =["

    Tell me about a 20 year old doing the same =/

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