Big Difference you , no clue. Me well versed on facts and not a one string puppet like the gun bubbas,The democratic party is going away?Couldn't be funnier coming from the party who's leader is exactly that, a dictator, a dictator of very very small minds. And the insanity is that this is what the right wants now , total control, they would sell out this country again to stay in power. WEll in fact they already have. But the hate party is done, it will be the last president ever that will be called a republican. Conservatism isn't going away but the hate party is. You can't govern this Republic from the singular basis of hatred .FDR was nothing but a dictator, bring in unconstitutional things like income tax and socialist entitlement programs...And what caused the Depression? There was just a recession until the Uber Rich were nailed by it then it became a Depression. If you are so smart, what's the difference and why is it almost impossible to have a Depression today but we can have many recessions. We are in one right now.
The way out of a recession is not government taking over....a worse depression happened in 1920....but it didn't last because they didn't try to take over the economy...
Not-So-Great Depression
hich U.S. president ranks as America’s greatest depression fighter?
Not the fabled Franklin Delano Roosevelt, since unemployment averaged 17 percent through the New Deal period (1933-1940). What banished high unemployment was the conscription of 12 million men into the armed forces during World War II. FDR actually prolonged high unemployment: he tripled taxes; he signed laws that made it more expensive for employers to hire people, made discounting illegal, and authorized the destruction of food; and he launched costly infrastructure projects like the Tennessee Valley Authority that became a drag on states receiving TVA-subsidized electricity.
America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed the much praised Woodrow Wilson— who had brought America into World War I, built up huge federal bureaucracies, imprisoned dissenters, and incurred $25 billion of debt.
Harding inherited Wilson’s mess— in particular, a post-World War I depression that was almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933 that FDR would later inherit. The estimated gross national product plunged 24 percent from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million to 4.9 million.
Harding had a much better understanding of how an economy works than FDR. As historian Robert K. Murray wrote in The Harding Era, the man who would become our 29th president “always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated a cut in government expenditures and stated that government ought to ‘strike the shackles from industry… . We need vastly more freedom than we do regulation.’ “
One of Harding’s campaign slogans was “less government in business,” and it served him well. Harding embraced the advice of Treasury Secretary Andrew Mellon and called for tax cuts in his first message to Congress on April 12, 1921. The highest taxes, on corporate revenues and “excess” profits, were to be cut. Personal income taxes were to be left as is, with a top rate of 8 percent of incomes above $4,000. Harding recognized the crucial importance of encouraging the investment that is essential for growth and jobs, something that FDR never did.
Even without Harding, there was going to be no Depression. All he did was stop Federal Frivolous spending. Not a bad idea. The Nation was on a huge upswing without him anyway. Well, at least for white America anyway. WWI had ended and the Nation had to pay for it. Harding decided to get Congress to fund paying for it and not pay for the excesses. He wasn't really in office long enough to make any other difference though. He died too quick to make much of a dent. But right after that, the Frivolous Spending by the Corporations buried them in such a way that they could no longer stay afloat. Partly brought on by the reduction by Hardings getting rid of a lot of protection regulations that held them down. Teddy R. (a Republican) put many of those in place to prevent the runaway that happened anyway which started under Wilson and continued under Harding. But the real culprit was Hoover that saw a depression, caused a huge trade deficit and brought on the depression and the Crash of 1929 which destroyed many of the Uber Rich because of the trade deficit being out of control. FDR just stepped into that mess. FDR wasn't elected until 1933. The Depression belongs to Hoover and earlier Presidents. The 2 previous Presidents that actually caused the Depression were all Republicans. The recession was actually started in about 1925 but didn't become a depression until 1929 when your buddy Hoover made a huge mess of things with his tariff ideas. So don't go laying things on FDR. He was faced with an Armed Revolution by about 3 1/2 million armed hungry, cold and angry family men when he took office. The Nation was at stake right then.