History Repeating Itself???

The following came in an email that seems very familiar to today's happenings. They say that history repeats itself despite warnings to never allow this to happen!
This cartoon from the Chicago Tribune,1934, may sound too ominously familiar.

The government actions following the 1929 Crash made the economy worse, not better. The result was a down cycle that probably would have worked out in 3 - 4 years, but became a 10 year depression due to government intervention.

The more things change, the more they stay the same! Those who fail to heed the lessons of history are doomed to repeat them. A review of the economic history of the 1930's demonstrates that Roosevelt's spending programs failed to turn the economy around. Unemployment temporarily dropped and then rose again in the late thirties to more than 15%. It took World-War II to reverse that trend.