Posted on 01/02/2009 5:56:38 PM PST by milwguy
You can believe what you want. The economic contraction of the 1890's was sharper than that of the Great Depression, yet the economy bounced quickly back. I have heard the argument that Roosevelt saved us from revolution by trashing the Constitution and moving the Country only halfway towards socialism; but generally when you offer a group half of what they want they immediately demand all of it and likely even more. Who in the 1930's America was in a position launch a successful revolution and replace our Government?
Most of the communist brought before congress in the 50’s joined in the 30’s. People were desperate...I believe Roosevelt kept the country going during this difficult time. Then there were the Nazis...lots of them floating around having rallies. Economic turmoil creates unrest...which is how Obama got elected this time.
http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx
Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.
After scrutinizing Roosevelt’s record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.
“Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump,” said Ohanian, vice chair of UCLA’s Department of Economics. “We found that a relapse isn’t likely unless lawmakers gum up a recovery with ill-conceived stimulus policies.”
In an article in the August issue of the Journal of Political Economy, Ohanian and Cole blame specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law June 16, 1933........
“This is exciting and valuable research,” said Robert E. Lucas Jr., the 1995 Nobel Laureate in economics, and the John Dewey Distinguished Service Professor of Economics at the University of Chicago. “The prevention and cure of depressions is a central mission of macroeconomics, and if we can’t understand what happened in the 1930s, how can we be sure it won’t happen again?”
That link pointed to an excellent editorial!
You also make the mistake of equating a medium sized recession after WWII to the most extended and severe depression in US history. You are going to have to do way better than parsing and comparing apples and oranges to convince a reasonable person.
The “FDR made Depression worse” fantasy
Atlanta Journal-Constitution | January 2, 2009 | Jay Bookman
Posted on 01/03/2009 10:32:49 AM PST by An Old Man
http://www.freerepublic.com/focus/f-news/2158150/posts
Not only is it true, it’s not even news. The Great Depression didn’t stop until WWII (actually shortly before), because all the production capacity that had been setting idle was cranked up.
-some campaign stupidity in retrospect-
Biden (again) thinks FDR was president in 1929 and TV’s common
The Corner | Sept 23, 2008
Posted on 09/23/2008 9:23:39 AM PDT by jbwbubba
http://www.freerepublic.com/focus/f-news/2088567/posts
In gaffe, Biden says FDR led nation when market crashed in 1929; Hoover was in office
AP
Posted on 09/23/2008 3:21:02 PM PDT by Chet 99
http://www.freerepublic.com/focus/f-news/2088831/posts
Biden Slips, Suggests FDR Was President When Market Crashed
Fox News | September 23, 2008
Posted on 09/23/2008 5:35:17 PM PDT by Zakeet
http://www.freerepublic.com/focus/f-news/2088931/posts
Biden: FDR Led When Market Crashed
YouTube | Sept 22
Posted on 09/23/2008 11:34:28 PM PDT by Bushwacker777
http://www.freerepublic.com/focus/f-news/2089118/posts
FDR Deconstructed
campusreportonline.net | June 15, 2007 | Matt Hadro
Posted on 06/21/2007 12:04:41 PM PDT by Kaput
http://www.freerepublic.com/focus/f-news/1854162/posts
The Real Deal (Reconsidering our reverence for FDR)
Wall Street Journal | July 1, 2007 | Amity Shales
Posted on 07/01/2007 12:39:00 PM PDT by RWR8189
http://www.freerepublic.com/focus/f-news/1859271/posts
Obama Steals A Page From FDR
Forbes | 8/29/2007 | Rich Karlgaard
Posted on 08/29/2007 9:22:31 PM PDT by bruinbirdman
http://www.freerepublic.com/focus/f-news/1888682/posts
FDR, Hillary, The Democrats’ Legacy of Demagoguery, and “The Forgotten Man”
Imprimis | September 2007 | Amity Shlaes
Posted on 10/01/2007 10:05:35 AM PDT by Jim 0216
http://www.freerepublic.com/focus/f-news/1904954/posts
The Raw Deal (The Forgotten Man: A New History of the Great Depression)
Claremont Institute | Winter 2007 » | Jonah Goldberg
Posted on 01/20/2008 7:12:16 PM PST by Lorianne
http://www.freerepublic.com/focus/f-news/1956902/posts
Presidential Personality Cult Deconstructed
Campus Report | April 24, 2008 | Malcolm Kline
Posted on 04/25/2008 7:28:51 AM PDT by bs9021
http://www.freerepublic.com/focus/f-news/2006884/posts
The Forgotten Man (Required Summer Reading for ALL conservatives)
Amitysclaes.com | 2007 | Amity Shlaes
Posted on 04/30/2008 5:37:48 AM PDT by mek1959
http://www.freerepublic.com/focus/f-chat/2009080/posts
What’s the Frequency? - New Deal narcissism and what FDR wrought.
National Review Online | June 20, 2008 | An NRO Q&A with Amity Shlaes
Posted on 06/20/2008 11:05:46 AM PDT by neverdem
http://www.freerepublic.com/focus/f-news/2033977/posts
New Deal Prolonged Depression by Seven Years
UCLA Newsroom | 10/07/2008 | Meg Sullivan
Posted on 10/07/2008 4:49:01 AM PDT by sono
http://www.freerepublic.com/focus/f-news/2099454/posts
How FDR Prolonged Great Depression
National Review | Wednesday, October 08, 2008 | Jonah Goldberg
Posted on 10/08/2008 6:26:51 PM PDT by Behind Liberal Lines
http://www.freerepublic.com/focus/f-news/2100981/posts
Review: The Forgotten Man by Amity Shlaes
Clare Booth Luce Policy Institute | October 15, 2008 | Lil Tuttle
Posted on 10/15/2008 10:19:29 AM PDT by Fiji Hill
http://www.freerepublic.com/focus/f-news/2106257/posts
Obama & The Pelosicrats Have Great Depression Nostalgia
Nietzsche is Dead | 16 Oct 08 | foutsc
Posted on 10/16/2008 12:17:48 PM PDT by foutsc
http://www.freerepublic.com/focus/f-bloggers/2107314/posts
FDR’s policies prolonged Depression by 7 years, UCLA economists calculate
UCLA | 10-28-2008 | UCLA School of Economics
Posted on 10/28/2008 9:51:17 AM PDT by Chicos_Bail_Bonds
http://www.freerepublic.com/focus/f-news/2117597/posts
Has anyone read “The Forgotten Man” by Amity Shlaes
11.09.08 | Perdogg
Posted on 11/09/2008 4:57:34 AM PST by Perdogg
http://www.freerepublic.com/focus/f-chat/2128687/posts
Don’t Repeat Errors Of New Deal
NY Post | 10 Nov 2008 | Amity Shlaes
Posted on 11/11/2008 9:22:11 AM PST by BGHater
http://www.freerepublic.com/focus/f-news/2130126/posts
Obama’s “New New Deal” Will Redistribute Wealth Of Shrinking Economy
American Sentinel | November 14, 2008 | Michael Eden
Posted on 11/14/2008 10:11:37 PM PST by Michael Eden
http://www.freerepublic.com/focus/f-bloggers/2132529/posts
Obama Hears a Giant Sucking Sound [his legacy]
WSJ Online | 11/19/2008 | HOLMAN W. JENKINS, JR
Posted on 11/19/2008 12:14:12 PM PST by sionnsar
http://www.freerepublic.com/focus/f-news/2134821/posts
The New Deal Didn’t Always Work, Either
New York Times | November 21, 2008 | Tyler Cowen
Posted on 11/23/2008 4:24:21 AM PST by reaganaut1
http://www.freerepublic.com/focus/f-news/2136888/posts
New Deal Not Such a Big Deal?
The New Media Journal | Nov 25, 2008 | AJ DiCintio
Posted on 11/25/2008 5:53:32 AM PST by NewMediaJournal
http://www.freerepublic.com/focus/f-news/2137995/posts
FDR’s Folly: How Roosevelt and His New Deal Prolonged the Great Depression
http://www.amazon.com | 2003 | Jim Powell
Posted on 11/25/2008 5:29:06 PM PST by antonia
http://www.freerepublic.com/focus/f-news/2138409/posts
Examining FDR’s Economic Record
The Provocateur | 11/26/2008 | Mike Volpe
Posted on 11/26/2008 11:56:57 AM PST by repman
http://www.freerepublic.com/focus/f-bloggers/2138823/posts
Barack Obama and the FDR-Great Depression Myth
Human Events | Nov. 26, 2008 | Michael Fumento
Posted on 11/27/2008 11:17:39 AM PST by SeekAndFind
http://www.freerepublic.com/focus/f-news/2139263/posts
New New Deal Won’t Help the Economy
realclearpolitics.com | November 30, 2008 | George Will
Posted on 11/30/2008 10:28:49 PM PST by neverdem
http://www.freerepublic.com/focus/f-news/2140674/posts
Obama, FDR & The Forgotten Man
Nietzsche is Dead | 9 Dec 08 | foutsc
Posted on 12/09/2008 9:42:15 AM PST by foutsc
http://www.freerepublic.com/focus/f-bloggers/2145590/posts
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