Elderly man at a nursing home in Norway. Long-term care (LTC) is a variety of services which help meet both the medical and non-medical needs of people with a chronic illness or disability who cannot care for themselves for long periods.
FDR's policies prolonged Depression by 7 years, UCLA economists calculate. Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.
In Franklin Roosevelt and the New Deal by William E. Leuchtenburg, the economic plight of the Depression is seen. In the three years of Herbert Hoover's Presidency, the bottom had dropped out of the stock market and industrial production had been cut more than half..