Tough choice, FDR was terrible with the economy and grew the Federal government way out of proportion and not to mention the Japanese internment camps. Wilson was an imperialist and created the federal reserve. Good -blam!-ing job there pal. A tie between the two
Many, many economists agree that the new deal prolonged the depression. A wartime economy got us out, and just to prove government spending doesn’t lead to consistent economic growth, there was a recession right after the war ended.
[quote]Many, many economists agree that the new deal prolonged the depression. A wartime economy got us out, and just to prove government spending doesn’t lead to consistent economic growth, there was a recession right after the war ended.[/quote]
Many, many economists also agree that the new deal saved us from a prolonged/worse depression and the reason it wasn’t effective on its own was because he quickly cut spending and attempted to balance the budget. The war forced a huge spending increase and the recession that followed was expected due to shifts in production- think larger scale structural unemployment. Economists don’t really know what they are talking about hence they huge splits and shifts and constant changes to theory and models.