President Roosevelt and the New Deal
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President Roosevelt and the New Deal
Mar 4, 2015
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Roosevelt's New Deal programs were launched with the best of intentions—to rescue Americans from Depression-era hardship. The government promised security through public works, welfare programs, and new federal agencies. But somewhere between good intentions and actual results, something went wrong. The bureaucracy expanded, costs ballooned, and dependency deepened. Milton Friedman explains how we willingly surrendered power to government in exchange for promised security, and why that bargain h
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