Posted on 06/20/2008 11:05:46 AM PDT by neverdem
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Amity Shlaes is a great writer and speaker.
The house is actually pretty dull, with some really ugly paintings. But the museum (separate admission so I didn't go) may be pretty good. Don't forget to see the Vanderbilt mansion next door.
I studied history and economics as a young skull full of mush undergrad in the 70s. The historians ignored the economic evidence of the Depression’s causes (which had just been published by Milton Friedman) because they LOVED big government. Hell, big gov employed lots of academics, that’s one reason they loved it. The economists on the other hand had the evidence in front of them and couldn’t be so ignorant. It was a bit of a challenge not to confront the historians with the plain economics of the New Deal. Raise the price of labor with taxes (such as social security) and guess what, less labor will be demanded! Raising the price of labor in the middle of a depression is suicidal. Ditto for increasing the cost of government regulations. I’m glad that a critical relook of the New Deal is finally being addressed on a public scale. The professional economists knew it all along - just couldn’t speak up given the climate of political correctness in the ivory towers of academia. Reality check - the New Deal was a Bad Deal for much of America.
The New Deal was the beginning of the end of this country. When people figured out that they could vote for the person who promised them the most free money, the RATS began to seize permanent power.
I took several economics classes as an undergrad in the late ‘70s. Two things I remember:
- Being taught emphatically that stagflation was the new, inevitable and irreversible state of the modern economy; and
- As each professor recounted with pride, that the entire economics department was Marxist.
LOL!
FDR’s Legacy?
75 years of socialism and what do you get?
A New Deal, hell!
Try a Raw Deal ... another day older and deeper in debt for the working man... and a welfare state mind-set.
Entitlements will destroy this nation as quick as another round of shamnesty.. in both cases, it may well be just a matter of time... or so I hear.
My Dad helped cut Giant Redwood Timber in a Three "C" camp in California.
The son of an Alabama sharecropper (cotton) that spent a few formative depression years in Winkleman, Arizona along the Gila River.
My dad definitely lived his life in stages.
The Great White Father instituted taxation and modified socialist policies that my parents loathed until the days they died. The safety net approach to take care of citizens who will not work cripples the people struggling to get ahead, and shakles all of us to a sweeping national ‘ethic’ that foresakes independence in almost every area of our lives.
Putting Obama and the Dems on the Defensive
Orson Scott Card: Obama's Real Religion [Environmentalism] Nailed it. My only complaint is that the author seems to believe that peak oil is near.
From time to time, Ill ping on noteworthy articles about politics, foreign and military affairs. FReepmail me if you want on or off my list.
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Gods |
Thanks neverdem, good modern history topic. Just adding to the catalog, not sending a general distribution. |
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She is right to say that Obama equates with FDR and McCain equates with TR but think back. The "Square Deal" started the beginning of the end.
Progressive Republicans Theodore Roosevelt and W. H. Taft brought:
Governmental control of corporations and "Trust-busting"
Siding with strikers in the 1902 coal strike
Minimum wage
Mandatory 40 hour work week
Pure, Food and Drug Act
Federal Reserve Act
Government involvement in conservation of Natural Resources, requiring corporate interests to be balanced with nature
16th Amendment - Income Tax - Feb 1913
17th Amendment - Direct Election of Senators - May 1913 [begun before Taft's term ended]
Recognition of Labor Unions to go on strike and collective bargain
FDR didn't start American Socialism. He simply put his own spin to something his cousin started.
Thanks for the ping!
Rejected
A stranger stood at the Gates of hell
And the Devil himself answered the bell.
He looked him over from head to toe
And said: My friend, I'd like to know
What you have done in the line of sin
To entitle you to come within?
Then Franklin D, with his usual guile
Stepped forth with his toothy smile and said:
"When I took charge in '33
A nations faith was mine," said he
"I promised them this and I promised them that
And I calmed them down with a fireside chat.
I spent their money in fishing trips
And fished from the decks of their battleships.
I gave them jobs in the WPA
Then raised their taxes and took it away.
I raised their wages and closed their shops
I killed their pigs and buried their crops
I double-crossed both old and young
And still the folks my praises sung.
I brought back beer, and what do you think?
I taxed it so high they couldn't drink.
I furnished 'em money with Government loans
When they missed a payment I took their homes.
When I wanted to punish the folks, you know
I'd put my wife on the radio.
I paid them to let their farms lie still
And imported foodstuffs from Brazil.
I curtailed crops when I felt real mean
And shipped in crops from the Argentine.
When they started to worry, stew and fret
I got them to chant the alphabet
With the AAA and the NLB
The WPA and the CCC.
With these many units I got their goats
And still I crammed it down their throats.
My workers worked with the speed of snails
While the taxpayers chewed their fingernails.
When the organization needed dough
I closed their plants with the CIO.
I ruined jobs, I ruined health
And I put the screws on the rich man's wealth.
And some who couldn't stand the gaff
Would call on me and how I'd laugh.
When they got too strong on certain things
I'd pack and head for "Ole Warm Springs."
I ruined their country, their homes and then
I placed the blame on "Nine Old Men."
Now Franklin talked both long and loud
And the devil stood and his head he bowed.
At last he said: "Lets make it clear
You'll have to move, you can't stay here
For once you mingle with this mob,
I'll have to find myself a job."
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