That FDR issuedremained low throughout the Great Depression is from page 161of the same book.The statement that lending by banks during the 1930s was at about hat:I the level of the 1920s is from page BE of the January 27,2009issue of the her York Times,from an article beginning on page B1under the headline “Something to Fear,After All.”The fact that the unemployment rate never feh below the double-digit level for any year during FDR’s first two terms in office is shown on page 77of Out oJlForéby Richard Vedder and Lowell Gallaway.The study which concluded that the New Deal policies prevented a normal recovery in the economy and prolonged the Great Depression was published in the August 2004issue of the /oiimiz/oJPo/ifirii/Economy,“in an article titled “New Deal Policies and the Persistence of the Great Depression:A General Equilibrium Analysis.”Unemployment rates in the United States for the years 1937,1940,1941,1942,and 1943to 1945are shown on page 126of Part 1of Historical Statistics of the United States.-Colonial Times to 1970,a publication of the U.S.Bureau of the Census published in 1975.The federal deficit for the years 1936and 1940can be found on page 1105of Part 2of the same publication.FDR’s discussion of “Dr.New Deal”and “Dr.Win-the-War”can be found on pages 569to 571of The Public Paf?ers andAddresses ofFranlilin D.Roosevelt.-1943Volume,published by Harper 8c Brothers.
The fact that FDR enlisted the leadership of individuals from the business and financial sectors when mobilizing the United States for World War II is discussed on pages 22,23,and 24of Def?ression,War,and Cold War.-Challenging the Myths of Confiict and Prosf?erity by Robert Higgs.The decline in the velocity of the circulation of money during the Great Depression was discussed on pages 301to 303o?A Monetary History ofthe United States.-1867——1960by Milton Friedman and Anna Jacobson Schwartz.Media criticisms of President Ronald Reagan for not intervening in the economy in the aftermath of the stock market crash of October 1987can be found on page A35of the October 22,1987issue of the her York Times,under the headline “Abroad at Home:It’s Morning Again”;on page A2of the October 29,1987issue of the Washington Post,in an article titled “Fiddling While Wall St.Burns”;and section 4,page 27of the November 22,1987issue of the her York Times,in a column titled“Banking and Finance in the Twentieth Century,”written by Eugene N.White and published in T’Zie Cambridge Economic History of the United States,Volume 3.