DID FDR END THE DEPRESSION?

[History]

The economy took off after the postwar Congress cut taxes, say Burton Folsom Jr., a professor of history at Hillsdale College, and Anita Folsom, director of Hillsdale College's annual Free Market Forum...

Congress—both chambers with Democratic majorities—responded by just saying "no."

No to the whole New Deal revival: no federal program for health care, no full-employment act, only limited federal housing, and no increase in minimum wage or Social Security benefits.

Instead, Congress reduced taxes...

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