Another good example of distortion. FDR tried to balance the budget as promised and discovered the theory that supported balancing the budget to repair the economy did not work. It led to the '37-38' recession and he quickly abandoned the idea that a struggling economy could be repaired with concentrating on balancing the budget. He got the economy back on track and shortly later a little glitch developed called World War II.
"...FDR tried to balance the budget as promised and discovered the theory that supported balancing the budget to repair the economy did not work. It led to the '37-38' recession..."
And this, you liar: LewisDouglas quit the Budget Bureau in 1934 in protest against FDR's spending
"The Defining Moment: FDR's Hundred Days and the Triumph of Hope,"
By Jonathan Alter....p. 324
1934!!!
If FDR had listened to Lewis Douglas America would not have been the only nation in the world with a four engine long range bomber in production and thousands on order and being produced when Germany invaded Poland in 1939. It's development was begun in 1935 at the request of FDR and the USAAF.
www.aviation-history.com/boeing/b17.html
youtube.com/watch?v=pUu-vZcS740
Of course in your brain the B-17 and having them in production when Germany started the war in Europe was probably no big deal. Just a silly old airplane.
Even Keynes says you and FDR are dunces....
John Maynard Keynes, in a letter published in the NYTimes, December 31, 1933, warned “ even wise and necessary Reform may, in some respects, impede and complicate Recovery. For it will upset the confidence of the business world and weaken their existing motives to action.” Even Keynes saw
the danger in treating the nation’s capitalists as an enemy, as “the unscrupulous money changers,” as FDR called them in his first Inaugural.
Only the was stopped FDR from going full Bolshevik.
You should lie about things you know a little about. This is one of your big lie post. And it is easy to show it to be a lie. Again, you take a small quote that has been cherry picked to support your allegation, take it out of context and distort it.
FDR and Keynes had a great and intricate relationship of communicating economic ideas and theories. Not only did they communicate through letters, they communicated in person, face to face. Keynes was British and so one must put his comments into that context. His concern was about how America's economy would effect Britain.
So lets look at this lie you have told about Keynes saying FDR was a dunce. We will assume you do not mean he literally called him a dunce, but rather accept that you mean he showed some disrespect and insinuated he was a dunce. Lets go further and just assume you mean to imply Keynes treated FDR as an ill informed person and not even close to being an equal to his own knowledge about economics. Any advantage you are given, your comment comes out as a lie.
Here is the letter from Keynes you have cherry picked a quote from to infer that he viewed FDR as a dunce.
newdeal.feri.org/misc/keynes2.htm
That is called proving a lie with a link.