From CNSNews.com:

When asked how the spending in a stimulus package today would have a different effect than FDR’s spending on federal programs, which did not significantly lower unemployment until the start of World War II, [incoming House Energy and Commerce Committee Chairman Henry] Waxman said Roosevelt did not spend enough.

“Well, a lot of economists tell us that what Roosevelt failed to do was to spend as much money as was needed to get people back to work and get the economy moving again,” he said.

“It wasn’t until World War II when we had major expenditures that the Depression was finally resolved,” said Waxman. “We’re going to be looking at that experience. But I think what we are facing now is unique. But we’ve got to approach it with what we’ve learned from the past but think through what we need for the future.”