[QUOTE=AlbanyJet;2799798]"The failure of the New Deal seems incredible considering that FDR is widely rated among America's greatest presidents. Moreover, many of the brightest minds of the era were recruited to Washington. FDR, who graduated from Harvard College, filled many of his top positions with graduates of Harvard Law School. They had clerked with the most respected judges of the era. These and other New Dealers were hailed for their compassion and their so-called progressive thinking. They were widely viewed as more noble than the greedy businessmen and reckless speculators who were thought to have brought on the depression. New Dealers wanted to eliminate poverty, abolish child labor, and right other social wrongs. Many New Dealers saw themselves as trying to make the world over. How could such bright, compassionate people have gone so wrong?"
"The most troubling issue has been the persistence of high unemployment throughout the New Deal period. From 1934 to 1940, the median annual unemployment rate was 17.2 percent. At no point during the 1930s did unemployment go below 14 percent. Even in 1941, amidst the military buildup for World War II, 9.9 percent of American workers were unemployed. Living standards remained depressed until after the war.2"
The new deal wasn't just an economic package. FDR made a lot of mistakes in "the new deal" when he tried a whole bunch of programs that failed. But you again, are missing the point. Devaluing gold and providing stability to banks are major reasons why we got out of the Great Depression. Look up the article written by Christina Romer on the Great Depression and stop trying to say that FDR didn't help us out of the Great Depression because that's just wrong.