The New Deal did not contribute much to recovery from the Great Depression and probably extended it by creating uncertainty, and the Depression did not truly end until after World War II when private investment and business confidence returned.
causalpending
Speaker
Donald BauerEvidence Quote
“there's very little evidence that the New Deal contributed very much. And there's a lot of evidence that the New Deal probably extended the Great Depression by creating an atmosphere of uncertainty”
Created: 8/11/2026, 7:16:28 AM
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