[ame=http://www.youtube.com/watch?v=7QLoeehMw0w]Top Three Myths about the Great Depression and the New Deal - YouTube[/ame] discuss?
It's sad how much propaganda is out there about the Great Depression. What he said is true. The part about Hoover in particular is indisputable. In fact the "new" deal wasn't new at all. It was just a continuation of Hoover's policies and interventions. Hoover/FDR's intervention is being repeated now with Bush/Obama. Humans never learn from history.
I disagree that humans don't learn from history. The two of you making this claim have learned have you not? The two of you are human beings are you not? Ignorance is the largest factor. People simply don't know enough to know better. There is a tendency amongst people who are less ignorant, to blame stupidity, or ineptitude, when ignorance is the culprit.
I thought that it was fact that all the Government spending during this time actually prolonged the depression.
Unfortunately that's not the case. It's becoming more mainstream that many of the interventionist policies were flawed, but even them most still think that war time spending is what finally made the Depression end.