AST
2009-04-23 06:44:45
Early into this, I saw a piece by Amity Shlaes which said that the worst thing the government did under FDR and it might do this time around is to build uncertainty. The recession that became the Great Depression was made longer and deeper by FDR’s penchant for surprising everybody and attacking the rich, including prosecutions of businessmen. He only changed that stance when war became a near certainty.
I don’t recall that he pushed any bills through before anybody had a chance to even read them, however, or tried to run Treasury with a skeleton crew.
