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And I know FDR's recession was so deep he felt compelled to act just to relieve our anxieties. By most accounts, he lengthened the depression for us, by his actions. We never really got out of it, until we started making parts and etc., for the UK, and etc., just prior to our entry into WWII.
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FDR's recession?
Stock market crashed in 1929.
Hoover and the repubs resisted all calls for intervention and it developed into the worst economic downturn in modern history.
FDR elected 1932. Started
trying to intervene.
As you say, success was limited until the pre-war rush. Which was all put on debt. And then paid off by taxing high income earners.