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When A Turn Toward Austerity Turned To Disaster

Saturday, July 16, 2011

Four years into Franklin Roosevelt’s first presidential term, the worst of the Great Depression seemed behind him. Massive jolts of New Deal spending had stopped the economic slide, and the unemployment rate was cut from 22 percent to less than 10 percent.

A User’s Guide To The Budget Battles July 14, 2011

“People felt that there was momentum,” U.S. Senate historian Donald Ritchie tells Guy Raz, host of weekends on All Things

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