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FDR's policies prolonged Depression by 7 years

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  • FDR's policies prolonged Depression by 7 years

    FDR wanted bigger government, so does President Obama.

    Roosevelt created make work projects--Obama has phony stimulus program.

    FDR did not want an independent Supreme Court,nor does Obama.

    FDR spent money not in the Treasury--as does BO.

    FDR played footsies with Hitler--Obama apologizes to terrorists.

    "In the three years following the implementation of Roosevelt's policies, wages in 11 key industries averaged 25 percent higher than they otherwise would have done, the economists calculate. But unemployment was also 25 percent higher than it should have been, given gains in productivity.

    Meanwhile, prices across 19 industries averaged 23 percent above where they should have been, given the state of the economy. With goods and services that much harder for consumers to afford, demand stalled and the gross national product floundered at 27 percent below where it otherwise might have been."

    With trillions in new deficits, America will soon have hyperinflation--thanks to the policies of President Obama. He is fighting hard to wrest the title of worst president in modern times from Jimmie Carter.

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