ACHIEVEMENTS AND DELUSIONS OF THE "NEW DEAL" POLICIES OF FRANKLIN DELANO ROOSEVELT
It is preferable to learn from the mistakes of other countries. Therefore the article on the lessons that the United States learned out of the Great Depression, to this day does not lose its relevance. The Great Depression is a complex, global crisis, not easy to cope with. Roosevelt and other leaders of the «New Deal» operated under severe political and economic conditions. It is impossible to say with certainty whether it would have done away with the Great Depression in the same or next year if Roosevelt had lowered the taxes and duties, as promised during the election campaign, but it is possible that in this case he would not be able to prevent the «revolution of despair». On the one hand, the legacy of the «New Deal» has been the expansion of the federal government, on the other hand, the main achievement of the «New Deal» is the reduction of social differentiation and increasing the share of the middle class. Perhaps the measures taken by the F. D. Roosevelt as part of a «new era» led to a slowdown in economic growth, but they have certainly contributed to the sustainable development of the U.S. economy.