The comments by Chriss Street should not be surprising to anyone ("Community Commentary: Deficit spending a bad move for U.S.," July 25). The comments by Tom Egan are surprising and seem to be more emotional than historical fact ("Sounding Off: Treasurer's arguments were shallow," July 28).
FDR's policies prolonged the Great Depression by seven years.
After scrutinizing Roosevelt's record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.
"Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump," said Ohanian, vice chairman of UCLA's Department of Economics. "We found that a relapse isn't likely unless lawmakers gum up a recovery with ill-conceived stimulus policies."
Little to nothing has changed since the 1930s. We are still making the same ill-advised public policy, based on social engineering concepts that have never been successful. The public sector employee rolls and benefits grow and the private sector shrinks as the tax burden grows. This is the true legacy of FDR.