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.
The End of the New Deal. The âRoosevelt Recessionâ of 1937 contributed to the presidentâs plummeting popularity. Roosevelt bowed to pressure from conservatives and scaled back deficit spending in 1937, believing that the worst of the depression was over and recovery was well under way.