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- #61
Now, now....don't feel bad, all you FDR-groupies......I'll give you another chance to learn, to challenge, or to give up.
Let's review what we have learned from less biased historians and economists, about FDR's failed policies...
1. He lied to get elected, promising to do the very opposite of what he did: ": “Let us have the courage to stop borrowing to meet continuing deficits,”Roosevelt said. “Revenues must cover expendituresby one means or another. Any government, like any family, can, for a year, spend a little more than it earns."
2. "The platform of the Democratic Party, whose ticket Roosevelt headed, called for
.... a 25 percent reduction in federal spending,
...a balanced federal budget, (Really? In the first year of the New Deal,Roosevelt proposed spending $10 billion while revenues were only $3 billion. Between 1933 and 1936, government expenditures rose by more than 83 percent. Federal debt skyrocketed by 73 percent.
...a sound gold currency “to be preserved at all hazards,”...then he went and took gold out of the hands of Americans, and left the gold standard, so inflation ate American's savings.
....the removal of government from areas that belonged more appropriately to private enterprise (then he created government-sponsored enterprises(GSEs) i.e.,Fannie Mae and Freddie Mac....)
...and an end to the “extravagance” of Hoover’s farm programs. (He caused fields to be plowed under and livestock to be slaughtered.)
This is what candidate Roosevelt promised, but it bears no resemblance to what President Roosevelt actually delivered."
OK...Rosie-boys.....
Ready to admit that every single thing posted above is accurate, true, and undeniable????
Let's review what we have learned from less biased historians and economists, about FDR's failed policies...
1. He lied to get elected, promising to do the very opposite of what he did: ": “Let us have the courage to stop borrowing to meet continuing deficits,”Roosevelt said. “Revenues must cover expendituresby one means or another. Any government, like any family, can, for a year, spend a little more than it earns."
2. "The platform of the Democratic Party, whose ticket Roosevelt headed, called for
.... a 25 percent reduction in federal spending,
...a balanced federal budget, (Really? In the first year of the New Deal,Roosevelt proposed spending $10 billion while revenues were only $3 billion. Between 1933 and 1936, government expenditures rose by more than 83 percent. Federal debt skyrocketed by 73 percent.
...a sound gold currency “to be preserved at all hazards,”...then he went and took gold out of the hands of Americans, and left the gold standard, so inflation ate American's savings.
....the removal of government from areas that belonged more appropriately to private enterprise (then he created government-sponsored enterprises(GSEs) i.e.,Fannie Mae and Freddie Mac....)
...and an end to the “extravagance” of Hoover’s farm programs. (He caused fields to be plowed under and livestock to be slaughtered.)
This is what candidate Roosevelt promised, but it bears no resemblance to what President Roosevelt actually delivered."
OK...Rosie-boys.....
Ready to admit that every single thing posted above is accurate, true, and undeniable????
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