… Roosevelt. You were first told that capitalism had failed and led to the Great Depression in 1929. In reality, the government's actions led to the depression and the prolonging of it. The government had kept interest rates artificially low under the previous presidencies. Roosevelt had then prolonged the depression by increasing taxes, expanding government spending, and other measures. The lie that capitalism failed was the first big lie ever told to Americans and it is still told today.
Alexander R. Outlaw
A link? A source? Anything?