Liberals, the media and academia worship at the altar of FDR and the anti-constitutional, gigantic government he created. They teach our children that his policies ended The Great Depression of the 1930s, but the exact opposite is true. Roosevelt’s disastrous policies actually extended the depression by years.
After implementing his socialized agenda known as The New Deal, which included the legalized Ponzi scheme of Social Security, the United States was still mired in the deepest and worst depression in its history. Roosevelt spent and regulated like a drunken sailor, and he paid for it by vastly expanding and steeping the tax code. What was only 400 pages at the start of FDR’s administration ballooned to more than 8,200 pages by its end. Designed to make individuals and businesses pay their “fair share,” it stifled economic growth and reshaped the economic promise of America from individual achievement to redistributive equality. FDR turned what would have been a depression into The Great Depression through his social and financial engineering.
From 1933 to 1940, the average annual unemployment rate averaged 18.6 percent. In 1937 and 1938, the economy collapsed into a double-dip recession. From 1937 to 1938, industrial production declined by 33 percent. National income hemorrhaged at 13 percent. Wages went down by 35 percent and an estimated four million workers lost their jobs.
Roosevelt won reelection in 1940 by promising to keep American boys out of the fight against Adolf Hitler. That eventually became another broken promise — and his saving grace. America’s participation in World War II kickstarted the economy, finally ending the misery brought on by The Great Depression.