The Roosevelt Myths vs. The Facts

[PoliticalChic]

The recession was caused by Smoot-Hawley.
The Depression was caused by Roosevelt, who knew exactly how to end it....he learned that from Harding.....but simply continued to do what Hoover did, to make certain that the downturn continued.

The distortion and misinformation now being promoted by the OP are that the Great Depression did not begin with the market crash of 1929. The new revisionism is now that the crash only caused a "recession". Look at any history of the Great Depression and you will see the 1929 market crash and the high unemployment rate that followed as the beginning of the Depression. Up to a fourth of the population were unemployed by the time FDR came into office in 1933. Harding had predicted the economy would improve within a few months in January of 1931. A month later food riots began as the population saw no improvement.

Harding didn't have just a downturn. He had an economic crash and failed to fix it in four years. He had neither the courage or political skills to make his experimental programs have significant impacts on the economy. It took Roosevelt to take the reigns of control to begin lowering the unemployment rolls, which he began immediately.

This link shows a timeline for the Great Depression. More documentary than academic, but it can be skimmed though to confirm dates.
pbs.org/wgbh/americanexperience/features/timeline/rails-timeline

A short documentary and article that confirms dates.
history.com/topics/great-depression

Amazing that a revisionist and conspiracy theorist would go so far as to change the dates and causes of such a well known and studied historical event, but without doing so the revisionist hasn't much to build the hateful misinformation and rhetoric on.

"Harding didn't have just a downturn. He had an economic crash and failed to fix it in four years."


As a novel approach....how about you stick to the truth?


".... just a year and a half after Harding became president, the Roaring 20s were underway! The unemployment rate continued to decline, reaching a low of 1.8% in 1926 – an extraordinary feat. Since then, the unemployment rate has been lower only once in wartime (1944), and never in peacetime.
Harding had the depression of 1920 licked in a year and a half, but under the "progressive" FDR, the Great Depression would persisted throughout the 1930s, until FDR began conscripting millions of young men for the armed forces."
America’s Greatest Depression*Fighter by Jim Powell
http://archive.lewrockwell.com/orig4/powell-jim4.html
http://www.nationalreview.com/articles/226645/not-so-great-depression/jim-powell

Correct, I named Harding instead of Hoover, but that doesn't change the revisionist rhetoric of implying Roosevelt inherited the depression and not a recession. Obviously, over a decade and two Presidents separated Harding and FDR.

" the revisionist rhetoric of implying Roosevelt inherited the depression and not a recession."

Calm down.

You've got this one backwards, too.

If anything...I'd say Roosevelt inherited a recession and made it into a Depression.Haven't I posted that several times????


Facts:
1. Roosevelt ran on a platform of reversing Hoover's policies and programs.
2. He broke his promise to the people...and doubled down on Hoovers' programs.

3. Having seen Harding's success....he knew how to end the downturn...yet he did no such thing.
4. Ineluctable conclusion: he wanted the economic scourge to continue. Why? So he could eviscerate the Constitution, and end the America of our Founders.
And he did.