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Many conservative businessmen and financiers did not support the economic measures of the New Deal. With the recession of 1937, many business leaders and politicians claimed that FDR's policies were a failure and the attempt to maintain prosperity during peacetime was not successful at all.

Many felt that the Depression was just part of the free enterprise (capitalistic) system correcting itself and the laws, such as supply and demand, of the free enterprise system would eventually heal the economy. Conservatives feared the increase by government into the daily lives of citizens. They also felt that the powers of the states were being infringed upon and that the continued cost to the taxpayer would cause unbelievable deficits that the people would be paying for decades to come.

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Q: How did conservatives view the new deal?
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