FDR's New Deal didn't end the depression - WW II did. The New Deal is the same crap Obama is trying now...take money OUT of the economy via taxes, skim off the top to fund the federal bureaucracy, and then put what's left back into government run programs that do not have to be either efficient or necessary.
I true stimulus allows the money-holders to keep their money and utilize it to grow their business. This works for multiple reasons: 1. the business owner with money has already demonstrated the ability to make money/grow business -- i.e. hire workers, 2. They have profit in mind, so - unlike government spending - efficiency is important; as these greedy bastards grow their business, they hire more people so they can make more money. 3. the end result of business growth is typicall a "value add" to the economy -- machinery is purchases and built which becomes a part of the productive cycle, for example.
Government "stimulus" -- like the wonderful Obama federal stimulus money I see spent on such worthwhile things as "downtown beautification" or road repairs of perfectly good roads in districts that elected powerful reps while less powerful reps can't bring home the bacon for their roads that are falling apart -- gov't stimulus is generally one-shot crap-work that provides no long-term economic benefit. All one needs to do is look at the "stimulus" spending versus the number of jobs created too see it's useless.
Likewise, FDR's New Deal was crap, and it wasn't until the nation went on a war footing that the economy turned around. The "signs" of improvement that didn't continue happen because of the temporary, useless effect of make-work projects. yes...for a short time people have work...then the ditch is dug and the workers are unemployed again. duhhh. AND, Bob, the fact the you point out that the Supreme Court STRUCK DOWN parts of the New Deal is clearly another indication that it was a horrifying idea -- In order for it to work it had to violate the Constitution? Pleeease...how can you suggest that is a good thing?
Proof real stimulus is tax cuts (not "stimulus spending")...."Cash for Clunkers" provided a lower price for vehicles...effectively a tax cut/price cut for consumners, and sales exploded for the duration. Tax break for home buying...home purchases go through the roof...until the program ends. What's the common denominator? LOWER prices, you stimulate the economy. Want to effectively lower prices permanently for ALL products? Give everyone a tax cut...more money in everybody's pockets, makes purchasing easier. If I have $15 instead of $10 in my pocket, that $1 item is effectively less % of my income, and therefore "costs less".
FDR failed then....and he is failing again under Obama's FDR-style stimulus. and in 2011 when *everybody* will pay higher taxes (bush tax cuts are expiring)....hold on to your wallets! Double dip recession...heading for depression...here we come.