FDR to Obama: How Dumb Government Actions Made the Great Depression and Recession Worse

FDR to Obama: How Dumb Government Actions Made the Great Depression and Recession Worse

Published: April 21, 2026

Duration: 7:24

When there’s a problem, politicians always have “solutions.”

History shows those “solutions” often make things worse.

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We’re told FDR and his New Deal saved America from the Great Depression.

Economist Donald J. Boudreaux, author of “The Triumph of Economic Freedom,” says that’s a myth:

“He created government programs all right, but they did not pull us out of the Depression.”

When farmers complained about low p...