We need a 1936.

[pampango]

13. FDR was great, but 1937 brought a republican-like focus on balancing the federal budget leading to

the Recession of 1937-1938.

"The Recession of 1937–1938 was a temporary reversal of the pre-war 1933 to 1941 economic recovery from the Great Depression in the United States.

By the spring of 1937, production, profits, and wages had regained their 1929 levels. Unemployment remained high, but it was considerably lower than the 25% rate seen in 1933. In June 1937, some of Roosevelt's advisors urged spending cuts to balance the budget. WPA rolls were drastically cut and PWA projects were slowed to a standstill. The American economy took a sharp downturn in mid-1937, lasting for 13 months through most of 1938. Industrial production declined almost 30 percent and production of durable goods fell even faster.

Unemployment jumped from 14.3% in 1937 to 19.0% in 1938. Manufacturing output fell by 37% from the 1937 peak and was back to 1934 levels. ... Although the American economy recovered in mid-1938, employment did not regain the 1937 level until the United States entered World War II in late 1941."

FDR did a wonderful job overall with the New Deal, but even he made mistakes