Is Krugman saying that the congress tried to slow down public works spending and balance the budget, and that's why unemployment stayed high?
Huh? Even by 1940 unemployment wasn't great, but it was still high.
I probably don't want to know Krugman's answer, but how come when Reagan was President, we went from $hit in 1980, to kicking ass in 4 short years? We cut taxes and regulation and destroyed the soviet empire 5 years after that.
Oh, and with moaning and groaning about $150 billion dollar deficits.
Give me something that has been PROVEN to work, like Reaganomics, over the asinine hamster wheel Obamanomics.
Five years after we elect the guy we're in worse shape on every measurable level.
Re-elected? Easy. Always come in at the bottom like FDR. Don’t come in a the top like Hoover. By 1936 the economy had been growing since 1934. So FDR could point to how things were improving under his administration, and would only get better in a second term.