How was deficit spending used on the Great Depression?

Congress must use deficit spending in order to end recessions. ... Roosevelt only increased the deficit by $3 billion a year to fight the Great Depression. 3 He spent around $50 billion a year to fight World War II. If FDR had spent as much on the New Deal, he would have ended the Depression.

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The advantage of banking with national retail banks is that they charge fees for many services.