Without going to the link..
REPLY:
I say after eight years of this Administration we have just as much unemployment as when we started. And an enormous debt to boot!
Surely this must be House Speaker Nancy Pelosi or another leading Democrat denouncing President Bushs economic policies.
Wrong. Wrong. And wrong again.
The words are those of none other than Henry Morgenthau Jr. close friend, lunch companion, loyal secretary of the Treasury to President Franklin D. Roosevelt and key architect of FDRs New Deal.
The date: May 9, 1939. The setting: Morgenthaus appearance in Washington before less influential Democrats on the House Ways and Means Committee.
Morgenthau made this startling confession, as historian Burton W. Folsom Jr. calls it, during the seventh year of FDRs New Deal programs to combat the rampant unemployment of the Great Depression.
In these words, Morgenthau summarized a decade of disaster, especially during the years Roosevelt was in power. Indeed average unemployment for the whole year in 1939 would be higher than that in 1931, the year before Roosevelt captured the presidency from Herbert Hoover, Folsom writes in his new book, New Deal or Raw Deal?: How FDRs Economic Legacy Has Damaged America.....The New Deal was failed public policy. Massive spending on public works programs didnt erase historic unemployment. It didnt produce a recovery."
The war saved the economy.
Courtesy of Open secrets.org - yes it is Obamas contributors just in the past year
University of California $1,201,178
Goldman Sachs $955,473
Microsoft Corp $798,049
Harvard University $789,560
Google Inc $782,964
Citigroup Inc $653,468
JPMorgan Chase & Co $646,058
Stanford University $568,566
Sidley Austin LLP $565,788
Time Warner $544,601
National Amusements Inc $541,285
Wilmerhale Llp $524,292
IBM Corp $515,249
UBS AG $513,919
Skadden, Arps et al $505,774
Columbia University $503,566
Morgan Stanley $485,823
US Government $479,306
Latham & Watkins $461,511
University of Chicago $457,735
Since when has the government actually helped?