10. The Economics of the New Deal and World War II

Politically Incorrect Guide to American History

Tags: U.S. Economy, U.S. History, War and Foreign Policy

02/21/2007 Thomas E. Woods, Jr.

While many Americans were hungry and destitute, FDR ordered the slaughter of six million pigs and the destruction of ten million acres of cotton. Public-sector jobs created by the New Deal displaced or destroyed private-sector jobs. World War II didn’t end the Great Depression; a return to free-market activity after the war did.

Lecture 10 of 14 from Tom Woods’ The Politically Incorrect Guide to American History lecture series.

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