““the kind of bold, persistent experimentation that Franklin Roosevelt pursued during the only crisis worse than this one.””
I grew up durring his tenure in the White House and was taught as a child he was the most dispicable socialist bastard to ever occupy the White House.
Without government intervention the depression would have been over in short order as soon as those living on credit were wiped out!
We have exactly the same problem today!
You’re post made me smile. Someday, my kids will say the same thing during a discussion about Obama.
My parents are in their eighties, and still vote Democrat, even though you'd think they'd noticed that their party has moved to the left of Stalin.
Wish someone like you could talk some sense into them.
Has anyone ever gone back and mathematically modeled the FDR Depression-era measures to try to discern whether, in fact, he knew that his policies were noxious, but pressed ahead anyway precisely to pressurize the public into supporting him, on the theory that people in a world of hurt pay attention and do as they're told?
THAT would be interesting to know. In the light of what we now know he knew, and did not act upon, in the days and hours before Pearl Harbor, and about his wilfully and very determinedly hanging his Hawaiian commanders out to dry (he even used an ambitious and "available" Supreme Court Associate Justice, Owen Roberts, as a tool in FDR's campaign to pin blame on Admiral Kimmel), the question about FDR's character resolves, and so it is timely to go back and inspect his economic and political initiatives (packing the Supreme Court, the NRA) with the same perspective.
My dad asked me one day ifI had ever seen a US destroyer on a US coin. I said no daddy I haven’t. So he pulled a dime out of his pocket and said now you have
enough said