Fox News guest co-host claims that FDR's New Deal created the Great Depression

Fox News guest co-host claims that FDR's New Deal created the Great Depression

Larry Elder says Democrats supporting the Green New Deal "apparently have no real idea of what the old New Deal did"

Video ››› ››› MEDIA MATTERS STAFF

From the March 4 edition of Fox News' Outnumbered:

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LARRY ELDER (RADIO TALK SHOW HOST): [Rep. Alexandria Ocasio-Cortex (D-NY) doesn't have] any real understanding about how bad the original New Deal was. As I started to say a moment ago, an economist named Lee Ohanian, he teaches at UCLA, he has probably done more work on the impact of the New Deal than anybody else -- the New Deal that FDR did. And he says it deepened and lengthened the recession. It was a severe recession, the New Deal turned into a depression. And Alexandria Ocasio-Cortez, the Democrats who are using this expression, apparently have no real idea of what the old New Deal did. And then of course, there's the issue of cost. Once you start putting polls together and ask people about costs for the Green New Deal, support for it goes down dramatically. 

Previously:

Will continues his crusade against the New Deal: "It didn't work during the depression"

Fox's Gasparino: Great Depression lasted 10 years because jobs programs "failed miserably"

Asserting FDR "waged ... a jihad against private enterprise," Hume falsely claimed "everybody agrees ... that the New Deal failed"  

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