How FDR compensated for weaknesses

Think the economy is bad now? Here’s how things stood in 1933: The jobless rate in America hit 25%. Business investment choked. Banks defaulted. Totalitarianism swept the globe. FDR—according to his critics—appeared vain, insincere, a liar and, generally, not a nice guy. So, how did he restore faith in the U.S. economy?

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