Roosevelt's Great Depression

[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????

The Brookings Institute was responsible for Warren G. Harding's economic policies, that you happened to have cited:

Brookings economists played a large role in crafting the 1921 legislation that created the first U.S. Bureau of the Budget. President Warren G. Harding called the bureau, which planned the government's financial outlays, "the greatest reform in governmental practices since the beginning of the republic."

lol, so what next?

1. You concede that Brookings was not 'left leaning' 80 some years ago, or,

2. You credit what you call the left leaning Brookings Inst. with those economic policies of Warren G. Harding's that you were touting so highly.

Goddam, you're racking up a good string of bad choices today aren't you?

Brookings Institution History Brookings Institution

Oh, and PS, most of this shellacking of PC I'm administering is a rerun of past times she's tried this bullshit.

 

[JakeStarkey]

She is a Mises clone, and not a good one at that.

 

[NYcarbineer]

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.

It is so comically dishonest that PC tries to shift 1932 onto FDR's watch.

 

[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.

"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?

"Facts" quoted out of context can equal propaganda.

You omit the debacle that was the Hoover republican president when the great depression began in 1929 and presided over constant downslide in the economy to the bottom of the depression in 1932 when Roosevelt took over. Roosevelt did not create the depression, the republicans in the 1920's did. The people turned to the democrats and Roosevelt in 1932 to FIX it, and they re-elected him 3 times, because they could see he had a clue about how to deal with the problems, that the republicans never did. That's why Hoover was a failed one term president.

 

[Camp]

...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

Perhaps the biggest of your big lies. The government didn't begin keeping unemployment records until the 1940's. The figure you use come from a private source that counted 60% of working Americans as "unemployed" because they received government generated pay checks. The private source figures you revisionist use to misinform represent only workers in private industry. The men and women who built American infrastructure, much of it still being used today, did not consider themselves to be unemployed. Once people learn and understand that the unemployment numbers fell below 10% your entire revisionist fantasy falls apart and is rejected by people influenced by facts instead of agenda driven political hackery.

rooseveltinstitute.org/new-roosevelt/real-lesson-great-depression-fiscal-policy-works

FDR would not have been repeatedly reelected if your lying data was anything remotely close to accurate.

 

[NYcarbineer]

She is a Mises clone, and not a good one at that.

She's a head full of mush Limbaugh-esque robot who let's others tell her what she's supposed to believe without having thought the issues through herself.

That's why she ends up trying to defend the indefensible quoting other people.

 

[AquaAthena]

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.

PC attracts many customers, and they keep coming back, suggesting she is serving up some good something. I do see much status envy going on with her good, informative OPs.

 

[regent]

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.
How to Create the Great er Depression II - Behind Blue Lines

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.

Harding is always mentioned and even rated, but you have to look at the bottom of the list with the failures, and there we find Harding in last place-worst American president, You realize that conservative historians have been asked to rate presidents and guess what, there Harding is, in last place, worst American president. But conservative historians usually only rate FDR as America's third greatest president, rating Lincoln and Washington as first and second.
So FDR is still considered as America's first or third greatest president with or without politics.
Be that as it may, the American people elect the president and only one has been elected more than twice, and that was FDR-four times in a row.

 

[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????

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?

Get that egg off your face, liar.

 

[Moonglow]

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

Like it's posted at least once a month....

 

[Moonglow]

The depression hit during Hoover, yet Roosevelt gets the blame for the 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.
How to Create the Great er Depression II - Behind Blue Lines

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.

Harding is always mentioned and even rated, but you have to look at the bottom of the list with the failures, and there we find Harding in last place-worst American president, You realize that conservative historians have been asked to rate presidents and guess what, there Harding is, in last place, worst American president. But conservative historians usually only rate FDR as America's third greatest president, rating Lincoln and Washington as first and second.
So FDR is still considered as America's first or third greatest president with or without politics.
Be that as it may, the American people elect the president and only one has been elected more than twice, and that was FDR-four times in a row.

Let's put you in your place....the liar's row:

Harding's problems were corruption...e.g., Teapot Dome

But Harding's economic policies in the face of recession were the BEST!!

Even FDR said so....

1. 'Cause he vowed that everyone he selects for his cabinet had to pledge absolute fealty to a balanced budget and a 25% across-the-board cut in government spending.

Yeah, boyyeeeee!


2. OK...maybe he intended same, but forgot. He did appoint Lewis Douglas as budget director. "A conservative Democrat, Douglas advocated fiscal responsibility ... a reputation as a man of principle. During theGreat Depressionhe adhered to the economic orthodoxy of his time, arguing that low tariffs and a balanced federal budget were essential requirements for an economic recovery..... Douglas's time as budget director proved frustrating."
Lewis Williams Douglas - Wikipedia the free encyclopedia



Looks like Roosevelt was going to do the right thing, huh?


Even a quick glance at the economic history of the Roosevelt administration would show no such fiscal conservatism.



Which simply proves what Coulter said was correct:
"The common wisdom holds that 'both parties' have to appeal to the extremes during the primary and then move to the center for the general election. To the contrary, both parties run for office as conservatives. Once they have fooled the voters and are safely in office, Republicans sometimes double-cross the voters. Democrats always do."

 

[PoliticalChic]

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

Like it's posted at least once a month....

If only you'd post with that frequency.

 

[PoliticalChic]

The depression hit during Hoover, yet Roosevelt gets the blame for the Great Depression..

The recession, Hoover.
The Depression.....Roosevelt

 

[PoliticalChic]

She is a Mises clone, and not a good one at that.

So.....why are you always lapping at my heels, doggy?

Sorry....brilliance doesn't rub off.

 

[NYcarbineer]

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

Like it's posted at least once a month....

It's exactly in accordance with the old rule I made up about the Rightwing Myths that Never Die.

These people post them, they get thoroughly debunked and then a month later they post the same thing.

Their contempt for the truth rises to the level of a hate crime.

 

[NYcarbineer]

The depression hit during Hoover, yet Roosevelt gets the blame for the Great Depression..

The recession, Hoover.
The Depression.....Roosevelt

The Depression peaked in 1933. FDR was not even inaugurated until March of 1933.

 

[NYcarbineer]

[

2. OK...maybe he intended same, but forgot. He did appoint Lewis Douglas as budget director. "A conservative Democrat, Douglas advocated fiscal responsibility ... a reputation as a man of principle. During theGreat Depressionhe adhered to the economic orthodoxy of his time, arguing that low tariffs and a balanced federal budget were essential requirements for an economic recovery..... Douglas's time as budget director proved frustrating."
Lewis Williams Douglas - Wikipedia the free encyclopedia



"

lol, oh look, PC acknowledges there were such things as CONSERVATIVE Democrats back then,

something she's repeatedly denied when trying to associate segregationists with Democrats with liberals.

OOPS!!!

 

[NYcarbineer]

The depression hit during Hoover, yet Roosevelt gets the blame for the Great Depression..

Does that surprise you at this point given all of the exposure we've had to conservative derangement?

 

[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?

"Facts" quoted out of context can equal propaganda.

You omit the debacle that was the Hoover republican president when the great depression began in 1929 and presided over constant downslide in the economy to the bottom of the depression in 1932 when Roosevelt took over. Roosevelt did not create the depression, the republicans in the 1920's did. The people turned to the democrats and Roosevelt in 1932 to FIX it, and they re-elected him 3 times, because they could see he had a clue about how to deal with the problems, that the republicans never did. That's why Hoover was a failed one term president.

This thread is not about Hoover, you dunce.

Cut to the chase: did FDR's economic policies shorten the depression?