"This history [of the successes of FDR and his New Deal programs] offers important lessons for the incoming administration."
-Paul Krugman, American economist
The Great Recession
". . . the Great Recession (2007-2009) is the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled . . . like the Depression, it was characterized by bankruptcies, reduced commerce, and federal debt, but all less severe than the Great Depression . . ."
-David B. Grusky, Bruce Western and Christopher Wimer, excerpted from The Great Recession |
Key Policies from the New Deal and Similar Policies Today
Hover over the different categories to view related policies from the New Deal and the modern day.
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