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Line 43: − The Depression ended during [[World War II]] as military spending pumped money into the economy. Programs such as FDIC were created to increase financial stability and reduce the risk of another [[Great Depression]].+
Spending seldom goes down during a war.
Although Mr. Roosevelt was very popular, it has been argued by scholars and analysts then and now that many [[New Deal]] relief efforts actually helped to prolong the [[Great Depression]]. Mr. Roosevelt started the second wave of the massive expansion of the Federal Government and greatly increased American foreign aid. Some of these policies were coupled with a persistent high level of unemployment in the 1930s.<ref>http://www.pbs.org/wgbh/amex/presidents/32_f_roosevelt/printable.html</ref>
Although Mr. Roosevelt was very popular, it has been argued by scholars and analysts then and now that many [[New Deal]] relief efforts actually helped to prolong the [[Great Depression]]. Mr. Roosevelt started the second wave of the massive expansion of the Federal Government and greatly increased American foreign aid. Some of these policies were coupled with a persistent high level of unemployment in the 1930s.<ref>http://www.pbs.org/wgbh/amex/presidents/32_f_roosevelt/printable.html</ref>
However, the Depression ended when government spending increased during [[World War II]] as military spending pumped money into the economy. Programs such as FDIC were created to increase financial stability and reduce the risk of another [[Great Depression]].
In 1937, Roosevelt proposed "packing" the [[U.S. Supreme Court]] so that he could enact more government controls over the economy. But even [[Democrats]] were outraged at his power grab, and Roosevelt never enjoyed his past political power again. However, the Court's subsequent ''Wickard'' decision increased the President's powers under the [[Commerce Clause]].
In 1937, Roosevelt proposed "packing" the [[U.S. Supreme Court]] so that he could enact more government controls over the economy. But even [[Democrats]] were outraged at his power grab, and Roosevelt never enjoyed his past political power again. However, the Court's subsequent ''Wickard'' decision increased the President's powers under the [[Commerce Clause]].