Does Canada Really Need Economic Stimulus?

[Sam_Stone]

@serious_lark

What is not at all clear to me is how much the New Deal and NIRA contributed to the recovery vs. the increased industrial productivity and spending resulting from WW II.

The New Deal didn’t do anything, except rack up debt. And then FDR had to raise taxes because the deficit was running out of control, and that cratered the economy again.

UCLA Economists - The New Deal prolonged the depression by 7 years.