When the business cycle threatens a contraction of industry, and thus of jobs, he argued, the government should run up deficits, borrowing and spending money to spur economic activity. FDR adopted the idea as U.S. policy, and the U.S. government now has a $2.6-trillion annual budget and an $8-trillion dollar debt.I mean, does anyone believe that FDR is responsible for the Bushenomics debacle?
Online Human Events,a self -described national conservative weekly, has had a group of "scholars" and "public policy leaders" compile this list. What a load of claptrap!
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