Did New Deal end Depression? History says deficit spending works


You know, there have been so many errors -- in some cases they've been deliberate distortions -- about the impact of President Franklin D. Roosevelt's innovative New Deal policies on the U.S. economy, that we should take a moment to analyze the facts of history.

Accordingly, we cite the late, great Governor of the State of New York, Al Smith, who frequently said, "Let's look at the record." Did FDR's New Deal end the Depression?