Free Republic
Browse · Search
General/Chat
Topics · Post Article

The national debt increased by 1147% under FDR.
1 posted on 06/21/2012 8:12:01 AM PDT by moonshot925
[ Post Reply | Private Reply | View Replies ]


To: moonshot925

Who bought all that debt?

Asia was poor and both Europe and Asia were at war. They couldn’t buy it. I think the Federal Reserve was much more conservative back then (certainly not like now!). Was it all funded through Americans’ savings?


2 posted on 06/21/2012 8:15:06 AM PDT by PGR88
[ Post Reply | Private Reply | To 1 | View Replies ]

To: moonshot925

Yea, I wish we had held military spending firm from 1941-1945. Maybe the debt wouldn’t have skyrocketed

This is a silly opinion


3 posted on 06/21/2012 8:15:47 AM PDT by MadIsh32 (In order to be pro-market, sometimes you must be anti-big business)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: moonshot925
So 258 Billion is supposed to be bigger than Obama’s 5 Trillion?

This must be public school math.

4 posted on 06/21/2012 8:21:07 AM PDT by Gabrial (The nightmare will continue as long as the nightmare is in the White House)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: moonshot925

I’m not going to defend FDR’s social policies, but WWII was kind of expensive.


5 posted on 06/21/2012 8:21:32 AM PDT by bigdaddy45
[ Post Reply | Private Reply | To 1 | View Replies ]

To: moonshot925

Seeing that he died April 12, 1945, not all that debt is attributable to him.

Further I am sure Obama is working to try to beat it.

It really means nothing though compared to how much more the debt is now. This one guy has increased the debt by more than all the first 40 presidents combined.


12 posted on 06/21/2012 9:36:13 AM PDT by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: moonshot925
FDR presided over the largest, longest running World War in history.
What kind of idiot comparison is that?

FDR committed many unconstitutional moves that he can be blamed for.

This isn't one of them.
The US bore the brunt of the financial cost of that war.

13 posted on 06/21/2012 11:13:12 AM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson