President Roosevelt initially dismissed Keynes’ ideas for curing the economy. However, in order to restore the vitality of the New Deal by bringing the economy back on course, the President introduced a spending program. Despite the Congress’ cuts on the WPA’s budget, the President reversed the course of the recession by increasing the WPA funds and resuming public works projects, driving the country out of the recession.
Henretta, James A, and David Brody. “America: A Concise History, Volume II: Since 1877.” 4th ed., Boston: Bedford/ St. Martin’s, 2010, 714.
King, John Edward. A history of post Keynesian economics since 1936. Cheltenham, UK: Edgar Elgar Publishing, 2002.
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