Obama repeating the mistakes of "Great Depression"

According to a new study endorsed by Nobel laureate James Buchanan, the Obama administration and US Policy makers are repeating the mistakes made by President Roosevelt During the 1930's that pushed US into a serious depression that lasted over a span of 10 years.

The reports say employing deficit spending and increased state intervention President Obama will ultimately hamper the long-term growth potential of the US economy and may risk delaying full economic recovery by several years.

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