The past is a guidepost, not a hitching post.

Thomas Holcroft

Think like FDR, Act like FDR, create/continue a depression like FDR.

You know it’s a depression when, 33 months after the onset of recession…

• Wages & Salaries are still down 3.7% from the prior peak
• Corporate profits are still down 20% from the peak
• Real GDP is still down 1.3% from the peak
• Industrial production is still down 7.2% from the peak
• Employment is still down 5.5% from the peak
• Retail sales are still down 4.5% from the peak
• Manufacturing orders are still down 22.1% from the peak
• Manufacturing shipments are still down 12.5% from the peak
• Exports are still down 9.2% from the peak
• Housing starts are still down 63.5% from the peak
• New home sales are still down 68.9% from the peak
• Existing home sales are still down 41.2% from the peak
• Non-residential construction is still down 35.7% from the peak

http://www.ritholtz.com/

Also see: UCLA FDR's Policies Prolonged Depression by 7 Years

"Ironically, our work shows that the recovery would have been very rapid had the government not intervened."

Your most unhappy customers are your greatest source of learning

Bill Gates