"This country was ruined by Franklin Delano Roosevelt!"
Only a liberal could take the "Great Depression" and make it longer and worse than it was. It took Hitler to make him look like a hero.
Most people give me a funny look when I say that FDR was a vile evil monster. Even my Republican mother-in-law who was born in 1926.
Nobody talks about the recession of 1921 because the government did absolutely nothing and the economy bounced back on its own. Under FDR America tried socialism and the results were predictable and terrible. People standing in bread lines and things like that. His policies pushed the unemployment rate from 6.9% to double digits for the entire decade of the 1930s. FDR didn’t save America - his death saved America.
He engineered backroom deals, abused his office and repeatedly acted outside the Constitution (alphabet agencies, court packing), had affairs, and grew government in alarming fashion.
He was Carter, Johnson, Clinton and Obama rolled into one. No wonder the lefties adore him.
FDR's policies were so unpredictable, varied, and constantly changing, that no one could no what investment was "safe" so no one invested much.
WWII ended the Roosevelt Depression. That’s why some suggest he knew about the pending attack on Pearl Harbor.
The book FDR’s Folly - How Roosevelt and his New Deal prolonged the Great Depression by Jim Powell is well worth reading.
I read “The Forgotten Man” by Amity Schlaes. I especially enjoyed the account of how the kosher butchers in Brooklyn took down the National Recovery Act over the federal government was trying to prevent their customers from picking out their chosen chicken to purchase.
One might download this book; The Roosevelt Myth. It is a free PDF. Somewhat primitive in its style, but a good read.
FDR’s policies mad the gret Depression longer and deeper, and apparently, that was fine with him.
FDR signed the 1935 Labor Relations Act (which had been passed by veto-proof demoncrat majorities in both houses), the upshot of which was little more than to exempt labor unions from the Sherman Antitrust Act. Which is the only reason collective bargaining is legal.
Which is patently unfair because it represents “price fixing,” a practice that is prohibited by law for all other levels of the manufacturing chain. The NLRA should be repealed, if for no other reason than it would defund criminal organizations such as the AFL-CIO, the Teamsters and the SEIU. And for added mirth, it would hare-lip the rulers of the demoncrat party.
So which was worse, FDR’s New Deal or LBJ’s Great Society?