Posted on 01/13/2006 5:02:13 AM PST by hubbubhubbub
bump
BINGO!
FDR delayed recovery of the depression. It was the war that saved him.
The question is - Did FDR manipulate events to get us into the war to save his crippled ass?
PING
The one thing I did not like about the latest version of the film SEABISCUIT is that it was interspersed with narration supporting the New Deal myth. The film brings it to almost religious terms.
As leftists show their true colors more and more, and good people see something they really don't like, we gain ground. We must bust leftist falsehoods without hesitation or apology when ears are ready to hear. That's now.
I fear for my children and my grnadchildren.
The only bright spot is that they are voting for their own misery; so it must be OK.
What are the three most important factors in real estate?
Location, location and location.
What are the three most important factors in economic health?
Education, education and education.
This is a good start. The should be a similar analysis on the "war on poverty"; and also on the multi-trillion$ "feel good" national laws, the "endangered" species boondogle, the EPA, the ADA and the hysterical war on nuclear energy and other energy-limiting fiascos.
" ... save he crippled ass?" ... No. But Stalin's ass - yes.
No Democrat or Liberal will ever bother to accept or even read factual history like this. It doesn't 'feel good'.
Socialism works only in the minds of socialists. We can see the failings of socialism today in Venezuala, as the citizens find grocery shelves empty of coffee thanks to socialist decrees crushing the free market.
World War II got us out of the Depression. Since FDR did all he could to get us into WWII, he got us out of the Depression.
If you raise the price of labor (e.g. via minimum wage laws) then demand for labor will be reduced all other things being equal. If raise the price of labor by taxing it (e.g. social security [FICA]) then demand for labor will be reduced. If you raise the price of labor through legislation promoting unionization (and their attendant higher labor costs) then demand for labor will be reduced. Start to see a pattern here? If you see the government ignoring economics 101 (and downward sloping demand curves and upward sloping supply curves existed in the 1930s) it leads you to conclude that the government was either a) grossly incompetent or b) WANTED HIGH UNEMPLOYMENT. Unemployment at Depression levels gave the government power over Americans. It made them dependent on big government. And the government was FDR and the Democrats.
ok...........I have read about the coming recession (depression) with great interest........my question is, will it take a wheelbarrow full of money to buy a loaf of bread, or will there be no money? which kind of recession will we have. I need to get ready.........
Good points made on Hoover's disastrous responses to the depression from 1929 to '33. If handled better, Hoover could have had a turnaround by late '32 (and a second term for himself).
See the chart in my book, "A Patriot's History of the United States" where Mike Allen and I look at the 50-year impact of New Deal programs.
The government is much better at printing money than at taking money out of circulation. That's my $.02 worth.
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