I bring this up not to advocate turning America into a military welfare state, but just for clarity’s sake. The chief point is that anyone who says Roosevelt’s big-spending policies didn’t end the Great Depression has no leg to stand on, not even one of those expensive titanium legs our government hires doctors to provide wounded troopers. Roosevelt spent more, not less, after the war started.
So whether it was the New Deal or World War II that ended the Great Depression, the chief engine of change was a massive infusion of federal dollars into the American and global economy for more than a decade. It’s a transfer on the order of what Obama intends as he retools the grid, healthcare, education and transportation infrastructure.
To those who say it can’t work, I have two words.
Prove it.
1 | 2
