When Roosevelt did this, he put our country into a Great Depression. He tried to borrow and spend, he tried to use the Keynesian approach, and our country ended up in a Great Depression. That's just history.
I can't blame the Republican Party for this. The party line is that FDR exacerbated the Depression and needlessly prolonged it, and while that point is highly debatable, most conservatives acknowledge that the Depression started under Herbert Hoover. Many blame Hoover, a fellow Republican though not necessarily what would be recognized as a conservative today, for making bad calls in his own right, from tax increases to tariffs, though those are just as often blamed on "government" in general in GOP circles. The right thing to have done, today's Republicans apparently believe, was to let the crash run its course and trust the market to put things back together in its usual miraculous fashion. Rep. Austria must have had some muddled version of this in his mind when he attempted to teach Congress some history. When a man is dumber than the Republican party, that deserves some recognition.