Tweet When I was in junior high school, high school, and college, my American history classes always preached the same message: Franklin Roosevelt saved America by “priming the pump.” That is, he took money away from the rich, filtered it through the government, and then used the brain-power built into government to decide upon the [...]
Tag Archive 'Franklin Delano Roosevelt'
Tweet Obama’s infatuated followers have taken to referring to him as a second FDR. They envision him lifting us out of the coming depression, blithely unaware that FDR’s economic policies almost certain extended the Great Depression far beyond its natural lifespan. What people also forget — or, if they’re true Progressives, what they probably embrace [...]
Tweet The liberal press and “economists” such as Paul Krugman are so excited: Obama is looking to FDR for guidance. Before Obama gets too carried away with that notion, conservatives should send him copies of Amity Shlaes’ The Forgotten Man : a New History of the Great Depression, in which she compellingly explains how FDR’s [...]