Thursday, January 08, 2009

Here we go again

In response to Obama's talk of stimulus packages, Fox News's new hobbyhorse is the assertion that Roosevelt's deficit spending prolonged the Great Depression.

Not true.

As Newsweek's Daniel Gross reports, "One would be very hard-pressed to find a serious professional historian who believes that the New Deal prolonged the Depression."

Find the article here.

1 comment:

MLE said...

Go to the 3:45 mark and enjoy. :)