Great Myths About the Great Depression
by Thomas Sowell (October 10, 2003)
They say "truth will out" but sometimes it takes a long time. For more than half a century, it has been a "well-known fact" that President Franklin D. Roosevelt got us out of the Great Depression of the 1930s. That view was never pervasive among economists, and even J.M. Keynes -- a liberal icon -- criticized some of FDR's policies as hindering recovery from the depression.
...those who judge by results point out that none of the previous depressions -- during which the federal government essentially did nothing -- lasted anywhere near as long as the depression in which the federal government decided that it had to "do something."
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http://www.capmag.com/article.asp?id=3159