In FDRs Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. Youll discover in alarming detail how FDRs federal programs hurt America more than helped it, with effects we still feel today, including:
How Social Security actually increased unemployment
How higher taxes undermined good businesses
How new labor laws threw people out of work
And much more
This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In todays turbulent domestic and global environment, eerily similar to that of the 1930s, its more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.