Arguement #3 FDR's New Deal

The Liberal says, "President Obama is wisely using federal intervention to jump-start the economy just like FDR did during the Great Depression with the New Deal. We are so fortunate to have such a magnificent man at the helm now!"
How To Argue And Win: "Actually FDR did not initiate federal intervention into the economy, but his predecessor, President Hoover, did, beginning in 1929. FDR simply took over and expanded Hoover's policies. It was not until the United States entered World War II in 1941 that employment dropped. What happened? First, FDR said during one of his Fireside Chats over the radio that he had stopped being "Dr. New Deal" and had become "Dr. Win-The-War." He ceased his hostility toward business (Obama needs to pay attention) and became business-friendly. He offered business contracts to business that businesses could make handsome profits from, and he reduced the rate of deficit spending. He put 12 million people into full-time employment as soldiers in the Armed Forces. In short, he stopped putting so much money into dead-end government jobs and put money into the private sector, the one that produces goods and services. Then he became business-friendly." See Thomas Sowell's "The Housing Boom and Bust," especially pages 130-145 and 148.