FDR's Legacy

Before we get into FDR II, maybe we should look at how FDR I worked out. That view is best summed up by 1939 admission of FDR’s Treasury Secretary Henry Morgenthau, in which he said:

“We are spending more than we have ever spent before, and it does not work. We have never made good on our promises . . . I say after eight years of this administration we have just as much unemployment as when we started . . . And an enormous debt to boot!”

Save a lot of time, wasted money and grief for the nation ... Next!

UPDATED: moved to current.