Quote:
Originally Posted by Iowa_Flames_Fan
You're honestly claiming that even though by every metric wealth was generated in huge amounts during the Roosevelt years, that his policies somehow "extended" the recovery just because you want to believe in some discredited supply-side ideology?
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Not just me. Listen to Henry Morgenthau, Secretary of the treasury under Roosevelt:
Burton Folsom quotes Morgenthau, testifying before the House Ways and Means Committee in May 1939: "We are spending more money than we have ever spent before and it does not work. I want to see this country prosperous. I want to see people get a job. We have never made good on our promises. I say after eight years of this administration we have just as much unemployment as when we started and an enormous debt to boot."
http://en.wikipedia.org/wiki/Henry_Morgenthau,_Jr.