Didn't Roosevelt prolong the great depression with his policies?

[ChasFact]

It is the ignorance about that time period that has us making the same mistakes over and over.

The big confusion in America is about taxes, when you raise them at first you get more money to government, but then you slow the economy and get less revenue. When you lower them, at first you get less, but then money flows and keeps flowing as the economy grows.

Liberals like to look at short time periods when they think, and conservatives think like business people and want long term ideas.

The reason this happens is capital is needed to build any enterprise, to buy equipment and to train labor, to grow. When taxes are high on high earnings, reinvestment goes down, desire is sapped, and less creation happens.

Fact is, those who create jobs, already have money and make money, the only reason to grow that base and risk working with others is the chance to make great money. High taxes gives that money to others, so the economy suffers for all who need jobs.

Roosevelt raised taxes to around 94%, but gave huge amounts back in the form of programs.

The economy never recovered, only war gave the feeling things were better, thousands of men killed lowered the unemployment rate. People agreed to sacrifice for the war effort.

So dems still really believe that punishing rich people is possible, while raising poor people? The rich raise their prices to pay the tax they lay people off, and they take their money other places to grow it. Free markets must be free and government is the problem.