Roosevelt's Great Depression

[PoliticalChic]

My pal reggie keeps telling me that 'historians claim that Franklin Roosevelt was the greatest US President."

Yup, they do.....perhaps on reason may be that the vast majority of 'em are way Left Liberals...they know what their status and careers depend on!


1. Here are three looming debilitations of Franklin Roosevelt:

a. His attachment to Joseph Stalin, and, in large measure, acceptance of communistm

b. His monumental efforts to subvert the United States Constitution

c. His inept handling of the recession, turning into and extending the Depression.




2. Let's concentrate on the last one, his responsibility for the 'Great Depression.'
Don't take my word for the ineptitude, here is Roosevelt BFF, secretary of the treasury, expert on finance and compendium of statistics on the economy of the 1930's:

" “We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong…somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises…I say after eight years of this administration we have just as much unemployment as when we started…And an enormous debt to boot!”
Morgenthau Diary, May 9, 1939, Franklin Roosevelt Presidential Library

a. In 1935, the Brookings Institution (left-leaning) delivered a 900-page report on the New Deal and the National Recovery Administration, concluding that “ on the whole it retarded recovery.” http://www.aei.org/article/26390




3. Now, our Leftist Liberals (redundant?) could have mentioned the very best of recession-fighters....but he was a Republican, and made no attempt to grow the size of government....so that makes him ineligible for praise. His name was Warren G. Harding.

a. The decline in the GNP price deflator from 1920 to 1921 is the largest one-year percentage decline in the series in the more than 120 years covered. Various estimates show that one-year deflation figures were 18 percent, 13.0 percent, and 14.8 percent, respectively. The closest comparator is the 11.5 percent deflation recorded for 1931-32, the third year of the Great Depression.
http://www.behindbluelines.com/2008/12/02/how-to-create-the-greater-depression-ii/

b. Instead of bailing out failing businesses, expanding government, and redistributing taxpayer money with a "stimulus" plan, Harding responded by cutting spending and removing burdensome regulations and taxes. During his campaign, he argued, "We need vastly more freedom than we do regulation." In stark contrast with the Bush-Obama response of ever-more government spending and debt, Harding had federal spending cut in half between 1920 and 1922 and ultimately ran a surplus.
As a result, the recession that started in 1920 ended before 1923.
http://www.realclearpolitics.com/articles/2009/02/obama_should_channel_harding_n.htm

I'll bet that the government school hid those facts from their captive audience, the Liberals-in-Training.
And they call it 'higher education.'


4.Under Franklin Roosevelt- "No depression, or recession, had ever lasted even half this long."

a. 8,020,000 Americans were unemployed in 1931. In 1939, after the excellent decisions by Franklin Roosevelt, there were 9,480,000 unemployed.
Folsom, "New Deal of Raw Deal," p. 3.


Now....where are the Roosevelt fans who are ready to explain the different results under Harding, as compared to those under Roosevelt?

And, while you are at it....why no mention of Harding by your Democrat stenographers, aka historians.

 

[JoeB131]

Kiddies, this is what happens when you lock up someone and make them listen to Hate Radio all day.

 

[finebead]

The republicans fumbled the ball badly under Hoover, who tried to balance the budget and worsened the recession into the great depression between the 1929 stock market crash and his defeat as a failed one term president in 1932, the bottom of the depression when the people turned to Roosevelt and the democrats.

On Hoover's activity:
"When the Wall Street Crash of 1929 struck less than eight months after he took office, Hoover tried to combat the ensuing Great Depression with moderate government public works projects such as the Hoover Dam. Unfortunately, the record tariffs imbedded in the Smoot-Hawley Tariff and aggressive increases in the top tax bracket from 25% to 63%, coupled with increases in corporate taxes.[3] yielded a "balanced budget" in 1933, but seriously hindered economic recovery. Instead, the economy plummeted and unemployment rates rose to afflict one in four American workers. This downward spiral set the stage for Hoover's defeat in 1932 by Democrat Franklin D. Roosevelt, who promised a New Deal."
Herbert Hoover - Wikipedia the free encyclopedia

There are people who don't agree with what Roosevelt did, and many support what he did. I am not interested in your propaganda. Hoover failed miserably. The American people at the time voted to elect the man who DEMONSTRATED the ability to deal with the Great Depression, and they then RE-ELECTED him THREE TIMES!

The reforms that came out of the Great Depression were amazingly good, the Pecora Commission actually got to the real reasons for the Wall St. crash. We got the Securities and Exchange Commission out of that which brought much greater transparency to our securities markets, we got the Glass-Steagall Act that prevented commercial banks from also doing investment banking and insurance, and we got minimum capital requirements for banks that were not relaxed until Chris Cox and the republicans did it in 2004, just before the collapse of our biggest banks like Lehman Bros.

 

[Dekster]

...said from the comfort of a modern home, not starving in a shanty. Roosevelt was very popular during his Presidency for a reason.

 

[PoliticalChic]

The republicans fumbled the ball badly under Hoover, who tried to balance the budget and worsened the recession into the great depression between the 1929 stock market crash and his defeat as a failed one term president in 1932, the bottom of the depression when the people turned to Roosevelt and the democrats.

On Hoover's activity:
"When the Wall Street Crash of 1929 struck less than eight months after he took office, Hoover tried to combat the ensuing Great Depression with moderate government public works projects such as the Hoover Dam. Unfortunately, the record tariffs imbedded in the Smoot-Hawley Tariff and aggressive increases in the top tax bracket from 25% to 63%, coupled with increases in corporate taxes.[3] yielded a "balanced budget" in 1933, but seriously hindered economic recovery. Instead, the economy plummeted and unemployment rates rose to afflict one in four American workers. This downward spiral set the stage for Hoover's defeat in 1932 by Democrat Franklin D. Roosevelt, who promised a New Deal."
Herbert Hoover - Wikipedia the free encyclopedia

There are people who don't agree with what Roosevelt did, and many support what he did. I am not interested in your propaganda. Hoover failed miserably. The American people at the time voted to elect the man who DEMONSTRATED the ability to deal with the Great Depression, and they then RE-ELECTED him THREE TIMES!

The reforms that came out of the Great Depression were amazingly good, the Pecora Commission actually got to the real reasons for the Wall St. crash. We got the Securities and Exchange Commission out of that which brought much greater transparency to our securities markets, we got the Glass-Steagall Act that prevented commercial banks from also doing investment banking and insurance, and we got minimum capital requirements for banks that were not relaxed until Chris Cox and the republicans did it in 2004, just before the collapse of our biggest banks like Lehman Bros.

"I am not interested in your propaganda. "

I posted facts, you moron.

Quoted Morgenthau, the Brookings Institute, and the FACTUAL history of Harding's economic policies and Roosevelt's failures.


Let me guess: you're a grad of government schools?

 

[JoeB131]

PC, I try not to treat your rambling threads seriously, but you are obviously too young to know people like my parents who lived through FDR's leadership.

Even my Dad, who was a staunch Nixon supporter, admitted that FDR was a great president. His leadership got America through the Depression and the War. It's why he was elected four times.

 

[PoliticalChic]

PC, I try not to treat your rambling threads seriously, but you are obviously too young to know people like my parents who lived through FDR's leadership.

Even my Dad, who was a staunch Nixon supporter, admitted that FDR was a great president. His leadership got America through the Depression and the War. It's why he was elected four times.

The plural of anecdote is not 'data.'

I quoted Morgenthau, the Brookings Institute, and the FACTUAL history of Harding's economic policies and Roosevelt's failures.

This....
a. His attachment to Joseph Stalin, and, in large measure, acceptance of communistm

b. His monumental efforts to subvert the United States Constitution

c. His inept handling of the recession, turning into and extending the Depression.

...does not define a 'great President.'

 

[JoeB131]

The plural of anecdote is not 'data.'

I quoted Morgenthau, the Brookings Institute, and the FACTUAL history of Harding's economic policies and Roosevelt's failures.

you can quote whatever batshit crazy nonsense you want.

They name stuff after FDR. They don't name jack shit after Coolidge.

 

[JakeStarkey]

PoliticalChic attacks FDR because her status and career depends on it.

But if she can make money pandering to far right loonies, that's the American way.

 

[NYcarbineer]

We've seen this thread before. And all of its dishonesty has been debunked.

 

[NYcarbineer]

The Brookings Institute was not 'left leaning' in 1935. There's your first lie.

 

[PoliticalChic]

...said from the comfort of a modern home, not starving in a shanty. Roosevelt was very popular during his Presidency for a reason.

Well, Dumpster, let's see how many of those 'starving in a shanty' Roosevelt put there,....


5. Here is an interesting visual: imagine a triple line of the unemployed, three across, consisting of those unemployed under Hoover, in 1931. The line would have gone from Los Angeles, across the country, to the border of Maine.

What effect did Roosevelt have on the line?

Well, eight years later, in 1939, the length of the line would have gone further, from the Maine border, south to Boston, then on to New York City, then to Philadelphia, on to Washington, D.C.- and finally, into Virginia.
Folsom, "New Deal or Raw Deal"


Think Folsom was wrong?

Check it out at the US Bureau of the Census, 'Historical Statistics of the United States: Colonial Times to 1970, I-126 and Unemployment Statistics during the Great Depression

 

[NYcarbineer]

2. Let's concentrate on the last one, his responsibility for the 'Great Depression.'
Don't take my word for the ineptitude, here is Roosevelt BFF, secretary of the treasury, expert on finance and compendium of statistics on the economy of the 1930's:

…I say after eight years of this administration we have just as much unemployment as when we started…And an enormous debt to boot!”


Morgenthau Diary, May 9, 1939, Franklin Roosevelt Presidential Library

.

Not true, no matter who said it:

FDR took office in 1933 with UE at 24.9%.

By 1939, the date of the quote above, UE was down to 17.2%.

So, PC, did you quote Morgenthau's drastically erroneous observation because you knew it wasn't true, but you liked it anyway,

which would make you a liar,

or did you quote it not having a clue what the real UE rates were during the Depression,

which would make you ignorant?

That's your choice of day. Are you dishonest or ignorant?

 

[NYcarbineer]

...said from the comfort of a modern home, not starving in a shanty. Roosevelt was very popular during his Presidency for a reason.

Well, Dumpster, let's see how many of those 'starving in a shanty' Roosevelt put there,....


5. Here is an interesting visual: imagine a triple line of the unemployed, three across, consisting of those unemployed under Hoover, in 1931. The line would have gone from Los Angeles, across the country, to the border of Maine.

What effect did Roosevelt have on the line?

Well, eight years later, in 1939, the length of the line would have gone further, from the Maine border, south to Boston, then on to New York City, then to Philadelphia, on to Washington, D.C.- and finally, into Virginia.
Folsom, "New Deal or Raw Deal"


Think Folsom was wrong?

Check it out at the US Bureau of the Census, 'Historical Statistics of the United States: Colonial Times to 1970, I-126 and Unemployment Statistics during the Great Depression

Hoover was president until 1933, dumbass.

 

[PoliticalChic]

The Brookings Institute was not 'left leaning' in 1935. There's your first lie.

Now...watch me stick the "lie" title where it belongs, NYLiar:

PolitiFact, in an August, 2009 story, spoke to a range of experts from the left-leaning Brookings Institute to the conservative Heritage Foundation, who said they found Kronick’s results credible.

Do people without health insurance die sooner PolitiFact Virginia

That 1 percent increase in domestic spending represents an ongoing problem, according to former Congress member and budget analyst Bill Frenzel of the left-leaning Brookings Institute.

http://www.queenstribune.com/feature/WhatCongressBroughtToQueen.html



For Washington Insiders, the coming together of the left leaning Brookings Institute and the right leaning Heritage Foundation to discuss an issue, any issue, over the course of a year registers as something like a minor miracle.

http://www.jamestownproject.org/index.php?option=com_lyftenbloggie&category=economics&Itemid=100002


As the left-leaning Brookings Institute pointed out in March, Ohio is important because President Obama Can’t Win the 2012 Election Without It. Not because of the Buckeye state’s 20 electoral votes, but because

http://hillbuzz.org/2011/05/26/gop-working-hard-to-lose-ohio-in-2012-say-tea-party-activists/

...Government is not a right-wing activist group. Its board includes two representatives from the left-leaning BrookingsInstitute and one from Harvard University. Clinton himself is an honorary co-chair. Add to that a study by Media Research...

MEDIA The spinsters Jacksonville.com


"Looking at the (liberal) Brookings Institute figures actually makes the situation look quite good, by historical standards. "http://cactus.dixie.edu/green/A_American Government/1100 readings.htm
The Brookings Institute (Left Leaning)
The American Enterprise Institute (Right Leaning
The Heritage Foundation (Right Leaning)
The Hoover Institution (Right Leaning)
The Manhattan Institute (Libertarian)
The Mercatus Center (Right leaning)
The Progressive Policy Institute(Left leaning)
Cato Institute (Libertarian)

The left-leaning Brookings Institute hinted as much in a Sept. 2003 article, "Work and Marriage: The Way to End Poverty and Welfare. Institute for Policy Studies (Left Leaning)

IRmep Brooking on the Absurd
The Brookings Institute is often cited as a Democratic counterpart to right-wing think tanks such as the Heritage Foundation and the American Enterprise Institute. Many Democrats,
Links
Brookings Institute The liberal Brookings Institute is one of the leading Washington DC think-tanks covering South Asia. Professor Steve Cohen is their South Asia specialist.
So most of the above identify Brookings as Liberal!






The left-leaning Brookings Institute has evaluated that global warming fix that Congress is conjuring up.

They estimate the cost to be about $9 trillion, which will reduce consumption about $2 trillion by mid-century. Aw, peanuts. We can afford that, can’t we?

Global warming fix well maybe not exactly a fix- Orange Punch Blog Orange County Register



Watcho say, boyyyyeeeeee????

 

[PoliticalChic]

PoliticalChic attacks FDR because her status and career depends on it.

But if she can make money pandering to far right loonies, that's the American way.

I quoted Morgenthau, the Brookings Institute, and the FACTUAL history of Harding's economic policies and Roosevelt's failures.

In your face, Jakal

 

[NYcarbineer]

Note that every fucking time, pardon my francais, PC tries to make this idiotic argument she tries to start a timeline from

1931!! WTF?

I dare her to explain that repeatedly, but she is too cowardly to do so.

PC looks more and more like a liberal parodying conservatives to make them look bad.

 

[NYcarbineer]

The Brookings Institute was not 'left leaning' in 1935. There's your first lie.

Now...watch me stick the "lie" title where it belongs, NYLiar:

PolitiFact, in an August, 2009 story, spoke to a range of experts from the left-leaning Brookings Institute to the conservative Heritage Foundation, who said they found Kronick’s results credible.

Do people without health insurance die sooner PolitiFact Virginia

That 1 percent increase in domestic spending represents an ongoing problem, according to former Congress member and budget analyst Bill Frenzel of the left-leaning Brookings Institute.

http://www.queenstribune.com/feature/WhatCongressBroughtToQueen.html



For Washington Insiders, the coming together of the left leaning Brookings Institute and the right leaning Heritage Foundation to discuss an issue, any issue, over the course of a year registers as something like a minor miracle.

http://www.jamestownproject.org/index.php?option=com_lyftenbloggie&category=economics&Itemid=100002


As the left-leaning Brookings Institute pointed out in March, Ohio is important because President Obama Can’t Win the 2012 Election Without It. Not because of the Buckeye state’s 20 electoral votes, but because

http://hillbuzz.org/2011/05/26/gop-working-hard-to-lose-ohio-in-2012-say-tea-party-activists/

...Government is not a right-wing activist group. Its board includes two representatives from the left-leaning BrookingsInstitute and one from Harvard University. Clinton himself is an honorary co-chair. Add to that a study by Media Research...

MEDIA The spinsters Jacksonville.com


"Looking at the (liberal) Brookings Institute figures actually makes the situation look quite good, by historical standards. "http://cactus.dixie.edu/green/A_American Government/1100 readings.htm
The Brookings Institute (Left Leaning)
The American Enterprise Institute (Right Leaning
The Heritage Foundation (Right Leaning)
The Hoover Institution (Right Leaning)
The Manhattan Institute (Libertarian)
The Mercatus Center (Right leaning)
The Progressive Policy Institute(Left leaning)
Cato Institute (Libertarian)

The left-leaning Brookings Institute hinted as much in a Sept. 2003 article, "Work and Marriage: The Way to End Poverty and Welfare. Institute for Policy Studies (Left Leaning)

IRmep Brooking on the Absurd
The Brookings Institute is often cited as a Democratic counterpart to right-wing think tanks such as the Heritage Foundation and the American Enterprise Institute. Many Democrats,
Links
Brookings Institute The liberal Brookings Institute is one of the leading Washington DC think-tanks covering South Asia. Professor Steve Cohen is their South Asia specialist.
So most of the above identify Brookings as Liberal!






The left-leaning Brookings Institute has evaluated that global warming fix that Congress is conjuring up.

They estimate the cost to be about $9 trillion, which will reduce consumption about $2 trillion by mid-century. Aw, peanuts. We can afford that, can’t we?

Global warming fix well maybe not exactly a fix- Orange Punch Blog Orange County Register



Watcho say, boyyyyeeeeee????

I say the Brookings Institute was not left leaning in 1935.

You cited a 1935 Brookings OPINION, not a 21st century one.

Did you not realize you were doing that?

 

[JakeStarkey]

PoliticalChic attacks FDR because her status and career depends on it.

But if she can make money pandering to far right loonies, that's the American way.

I quoted Morgenthau, the Brookings Institute, and the FACTUAL history of Harding's economic policies and Roosevelt's failures.

In your face, Jakal

You quoted Morgenthau wrongly as has been pointed out, the Brookings Institute was not liberal when FDR came to office, and misrepresented Harding and FDR's economic policies.

However, so many on the far right and libertarian wings are so stupid, you will continue working.

 

[JakeStarkey]

GD started in 1929 under Hoover.

Any discussion of Hoover and FDR begins in 1929, not 1931.