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FDR Responsible for Prolonging - Not Ending - Great Depression, Say UCLA Researchers
economics department at ucla ^ | ? | Harold L. Cole and Lee E. Ohanian

Posted on 03/17/2005 8:05:25 AM PST by ken21

click here to read article


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To: BenLurkin
But I will say this though: we definitely could have sat out the FIRST World War.

We could have and should have. WWI was a waste of American blood and treasure in a war we had no business being in.

We had a real motive for being in WWII - fighting an ideology that had designs on America and which was incompatible with the American way of life and our national interests.

Because of the debacle that was WWI, Americans were extremely averse to going to war in Europe again and allowed a bad situation over there to fester until it was almost uncontrollable.

61 posted on 03/17/2005 8:54:18 AM PST by wideawake (God bless our brave soldiers and their Commander in Chief)
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To: RockinRight
I just saw these outside my window!!!


62 posted on 03/17/2005 8:55:17 AM PST by Arrowhead1952 (TV News and the MSM - - - ROTFLMAO)
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To: Undecided

". . . on the premise of being the only one able to keep us out of the war."

Kind of like Johnson's premise of being the only one able to get us out of Vietnam?


63 posted on 03/17/2005 8:59:18 AM PST by rwa265
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To: An American In Dairyland

Coolidge and his Secretary of Commerce and subsequent replacement, Hoover, were vilified for "doing nothing to stop the Depression." What a bunch of bile. Roosevelt is the one to blame for making it worse, all the while lying to the American people about his mistresses and health condition.

More Americans need to realize how great a President Calvin Coolidge was. He was so dead set against federal involvement that he refused to send Federal money to states affected by natural disasters. He said it was wrong from someone from one state to fund the needs of folks from another state.

Coolidge was a true Federalist and was so revered by Reagan, that Reagan put a portrait of him up in the White House. Bush should look to Coolidge again on cutting worthless spending that is UNCONSTITUTIONAL.


64 posted on 03/17/2005 9:00:49 AM PST by GianniV
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To: Strategerist

Show me some facts and make your case if you can. I look at the policy of the New Deal (socialism) and the character (and politics) of FDR's advisors and say otherwise.


65 posted on 03/17/2005 9:01:27 AM PST by RKV ( He who has the guns, makes the rules.)
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To: Rate_Determining_Step
FDR's Folly documents this at length. A great read. Avaialble at Amazon.

Read it last year. It made me very angry for a while. The unusual times and the failure of Herbert Hoover to comprehend them helped usher in FDR and all of his golden boys trying their out their pet economic theories.

66 posted on 03/17/2005 9:04:39 AM PST by jimfree (Freep and ye shall find.)
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To: GOP_1900AD; ken21
Re: MODERN TIMES

I didn't read MODERN TIMES..........I consumed it! [*LOL*]

67 posted on 03/17/2005 9:04:56 AM PST by DoctorMichael (The Fourth Estate is a Fifth Column!!!!!!!!!!!!!!!!!!!)
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To: Capitalism2003
Re: FDR'S FOLLY

Thanks! I'll have to check that one out.

68 posted on 03/17/2005 9:06:37 AM PST by DoctorMichael (The Fourth Estate is a Fifth Column!!!!!!!!!!!!!!!!!!!)
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To: Rate_Determining_Step
Learn all about the best minds (and they acutally were smart)

Well, yes.... If 20th Century American history teaches us anything, it's that it takes really smart people to make really big mistakes.

69 posted on 03/17/2005 9:08:20 AM PST by r9etb
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To: ken21

What is that fluttering sound, airborne porcines????


70 posted on 03/17/2005 9:08:34 AM PST by Ursus arctos horribilis ("It is better to die on your feet than to live on your knees!" Emiliano Zapata 1879-1919)
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To: eyespysomething

"Mr. Roosevelt is gonna save us all."


71 posted on 03/17/2005 9:13:03 AM PST by SittinYonder (Tancredo and I wanna know what you believe)
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To: tacticalogic
Yeah, I read that somewhere before. I don't think they analyzed it though, more of a theory.

Why the ping?

72 posted on 03/17/2005 9:14:26 AM PST by robertpaulsen
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To: robertpaulsen

I thought I'd give you a chance to defend FDR and the New Deal Commerce Clause.


73 posted on 03/17/2005 9:19:44 AM PST by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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To: wideawake

Every history textbook in US schools idolizes FDR. Our children are being propagandized to accept the federal government as Savior.


74 posted on 03/17/2005 9:21:00 AM PST by kittymyrib
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To: ken21

Why did it take them so long!

My parents told me that before I started school in the late 30s.

FDR was the worst President this country ever had.


75 posted on 03/17/2005 9:28:22 AM PST by dalereed
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To: Strategerist; wideawake; RKV
I like conspiracy theories as much as the next guy, but there's no reason to think that commies are any smarter and better organized than us capitalists.  True, Stalin had a lot more clowns in his back pocket than most want to admit (French lefties in '39 for instance) but it's a bit hard to believe that FDR (for all his faults) was on Stalin's payroll.

Unless you got a photo of a paystub or something (in which case, please share). 

76 posted on 03/17/2005 9:30:29 AM PST by expat_panama (finally updated my 'about' page)
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To: cotton1706

"He did nothing to end the Depression."

He sure did, he negotiated the bombing of Pearl Harbor and got us into war. Without the attack on Pearl the american people wouldn't allow us to enter the war in europe. His plan succeded, sorry to say.


77 posted on 03/17/2005 9:30:37 AM PST by dalereed
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To: wideawake

"Well it is accurate to say that FDR could walk on water just as easily as he could walk on dry land."

Only because someone told him where the rocks were!


78 posted on 03/17/2005 9:35:12 AM PST by dalereed
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To: ken21

self ping for later reading


79 posted on 03/17/2005 9:49:41 AM PST by E. V. Republitarian MD (Drug Company Pawn)
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To: ken21

This study is not politically correct. These guys are in big trouble. I hope they have tenure.


80 posted on 03/17/2005 9:52:32 AM PST by Uncle Hal
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