Deficit Spending in regards to a depression

Fox McCloud — Wed, 27 Jan 2010 22:06:03 GMT

One frequent citation of the keynesians for deficit spending working positively and reversing a downtrend is Sweden's exit of the depression before any other country (1929-1934), and a continued downslump in America's depression when FDR supposedly balanced the budget in the mid 30's.

I'm not particularly familiar with this era, I must admit, and the in's and out's of each particular country, so I wanted to know the general causes for these occurrences.

Economics Questions

Deficit Spending in regards to a depression