Rich People DON'T Create Jobs: 6 Myths That Have to Be Killed for Our Economy to Live
MYTH #1: THE STIMULUS FAILED
For the first four years of his presidency, Franklin Roosevelt tackled the Great Depression with inflation, easy monetary policy, and government spending. But in 1937, FDR's advisers persuaded him to reverse gears. After all, interest rates had been close to zero for years, commodity prices were climbing, and fear of inflation was on the rise.
Bust or Boost?