Obama acted the same as Roosevelt, prolonging a recovery that should have taken 2 years into a recovery that has taken 7 years and is not quite through yet.
I like the comment of Groucho Marx about the Great Depression. "I walked into the stands of the race track a wealthy man. I walked out a pauper."

We know that the government meddling has not stopped since the 1920's and based on their meddling we now have the situation today of a quiet GREAT DEPRESSION. We hear from the government through their lackey media folks how good things are, all lies. The number of jobs being lost each year out number the number of jobs that some people are getting. large corporations have cut jobs significantly and some are going under, as in the case of Sports Authority. As these jobs disappear the mom and pop stores lose their customers, let us say it is a trickle down effect. Our congress has for 100 years been dumb down so they chose to allow their chosen leader to do what ever he wants.
Do not expect any positive change since these civil servants that have been elected to serve us in the congress haven't a clue as to what to do. I give the country 20 years at best!

If you want a brief, but thorough overview of US economic history, read "The Student Chronicles," by Alonzo Cobb; one of the chapters deals with this issue.

Add: medical care (medicaid), public housing, food stamps, and Supplemental Security Income (SSI).
My how these destroyed our "poor" family structures. Specifically our black communities.

Much of the socialist flavor of the "New Deal" was FDR's response to Louisiana Governor Huey Long. "The Kingfish," as Long was called, had built a nationwide following with his populist, unabashedly socialist views as the solution to poverty and joblessness. Just as Hillary has swung far left in response to Sanders' socialist call, FDR adopted much of Long's bag of promises. Even then, had Long not been assassinated in 1935, he might have been able to defeat FDR in the 1936 election.

Once specific government patronage is declared strongly enough and often enough, it becomes difficult for the promiser to backtrack. Clinton has trapped herself into a very socialist strategy. If she wins, fiscal collapse won't be far behind.

I can imagine FDR saying "It is all Hoover's fault."
That sounds so familiar.

It is a fatal mistake to judge someone by their words rather than their deeds and outcomes.

I think it was the other way. Hitler's political prospects were revived when FDR/Hoover hurt the economy and the continued poor performance of the US economy encouraged Germany's military adventurism.

agreed

This is an excellent article except for one minor part, which is not even a full sentence "The 1920s experienced at once the reckless expansion of credit by the Federal Reserve." There is a myth that the 1920s were driven by cheap credit and monetary expansion by the Federal reserve. This is not the case. The economic growth of the 1920s was real and driven by the technology of the electrical grid.

There is a similar myth about the 1990s. The Fed did not cause the expansion by easy credit, but it did kill off economic growth when it became overly restrictive in 2000. The Fed thought it knew better than the market and decided it had to tighten the credit markets to deflate the stock market despite the fact that there was no inflationary or other rational measure that suggested interest rates were too low. In both cases the stock market had probably gotten ahead of itself, but that is not the purpose of the Fed and in both cases it made a minor problem into a much bigger problem.

I agree. This one is even more telling:
"If not for World War II, FDR's intervention "would have been utter ruin" for the nation."
Did FDR create the populist demand for war in order to cover up the abject failure of the New Deal?
(Read Robert Stinnett's Day of Deceit for factual details.)

"The intentions of the New Deal were noble and praiseworthy."
I couldn't disagree more strongly.