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Rep. Austria gets right with history: FDR didn't start Depression
Wednesday,  February 11, 2009 3:24 AM
THE COLUMBUS DISPATCH
<p>U.S. Rep. Steve Austria, R-Beavercreek</p>

U.S. Rep. Steve Austria, R-Beavercreek

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Freshman U.S. Rep. Steve Austria conceded yesterday that President Franklin D. Roosevelt did not cause the Great Depression.

In a one-page e-mail, the Beavercreek Republican wrote: "I did not mean to imply in any way that President Roosevelt was responsible for putting us into the Depression, but rather was trying to make the point that Roosevelt's attempt to use significant spending to get us out of the Depression did not have the desired effect. Roosevelt did not put us into the Depression, but rather his policies could not pull the nation out of the recession."

The day before, as Austria was explaining his opposition to the huge federal stimulus package backed by President Barack Obama, he told The Dispatch editorial board: "When Roosevelt did this, he put our country into a Great Depression. ... He tried to borrow and spend, he tried to use the Keynesian approach, and our country ended up in a Great Depression. That's just history."

Austria said he gave that message via telephone to constituents at a recent town-hall meeting.

Roosevelt took office in March 1933. Many historians date the Depression from the stock-market crash later dubbed Black Tuesday, which happened in 1929.

Austria said he supported a GOP alternative stimulus proposal that cost half as much but still provided money to create jobs quickly. The current version costs too much and does not aid small businesses enough, he said.

drowland@dispatch.com



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