Topic: Newsmax
In attacking President Obama yet again, David Limbaugh writes in his June 29 syndicated column, published by WorldNetDaily and Newsmax: "Obama is wholly impervious to the historical record documenting the failure of FDR's pump priming during the Depression, which exacerbated rather than ameliorated the economic problems."
In fact, unemployment dropped consistently under New Deal programs. Most experts agree that when FDR tried to raise taxes and cut the budget in 1937, the economy faltered again.
Posted by Terry K.
at 1:20 AM EDT
