Debunked

The act raised the rates on the entire range of dutiable commodities; for example, the average rate increased from 20 percent to 34 percent on agricultural products; from 36 percent to 47 percent on wines, spirits, and beverages; from 50 to 60 percent on wool and woolen manufactures. In all, 887 tariffs were sharply increased and the act broadened the list of dutiable commodities to 3,218 items.

De quoi est-ce-que je parle? Du New Deal? Non je parle de ce que le méchant libre-marchiste(whatever) Herbert Hoover a fait au début de la Grande Dépression!

Within a month of the stock market crash, he convened conferences of business leaders for the purpose of jawboning them into keeping wages artificially high even though both profits and prices were falling. Consumer prices plunged almost 25 percent between 1929 and 1933 while nominal wages on average decreased only 15 percent — translating into a substantial increase in wages in real terms, a major component of the cost of doing business.

Oui je parle encore de Herbert Hoover qui a tout fait pour éviter que les salaires se corrigent pour un moment.

His Reconstruction Finance Corporation ladled out billions more in business subsidies

Je parle encore de Hoover. En fait, Hoover était très loin d'être un défenseur du libre-marché. Rexford Guy Tugwell, un des principaux conseillers de Roosevelt pendant le New Deal a lui-même admis que lui et Roosevelt se sont servis des programmes mis en place par Hoover pour faire le "New Deal".