The Imaginary Greatness of FDR

[8537]

What would have happened if the banks went under… I’m sure it’s very complex but I have a feeling investors would have had to make a choice… .

They made that choice in 1930: They no longer invested. GDP fell by over 40%.

Banks are the vehicle that match my savings with your investment. If I can't save, you can't invest.

 

[Avorysuds]

Well there it is... 1933 is when the Great depression ended... Everything after was just makebelieve.

 

[8537]

Well there it is... 1933 is when the Great depression ended... Everything after was just makebelieve.

That's when the decline in economy activity ended, after which there was a period of significant growth. As contractions are generally measured by the NBER to end when the expansion begins, that would make the end of the 1929 recession 1933.

The NBER agrees with that assessment.

Avorysuds disagrees.

I'll take the NBER.

 

[CrusaderFrank]

Well there it is... 1933 is when the Great depression ended... Everything after was just makebelieve.

That's when the decline in economy activity ended, after which there was a period of significant growth. As contractions are generally measured by the NBER to end when the expansion begins, that would make the end of the 1929 recession 1933.

The NBER agrees with that assessment.

Avorysuds disagrees.

I'll take the NBER.

1933 is when the Fed stopped sabotaging the US economy

 

[8537]

Well there it is... 1933 is when the Great depression ended... Everything after was just makebelieve.

That's when the decline in economy activity ended, after which there was a period of significant growth. As contractions are generally measured by the NBER to end when the expansion begins, that would make the end of the 1929 recession 1933.

The NBER agrees with that assessment.

Avorysuds disagrees.

I'll take the NBER.

1933 is when the Fed stopped sabotaging the US economy

Well, it was mainly FDR's actions that stopped that sabotage. Namely, he ended the gold standard so that the Fed didn't feel obligated to keep the dollar pegged to the fluctuating, pro-cyclical value of a random rock dug out of the ground.

 

[Old Rocks]

FDR supposedly is a Great President for "Getting us out of the Great Depression."

Here's the data set.

I see no greatness. I see 8 consecutive years of failure.

FDR US Unemployment 1932: 24.1%, 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%. 8 year Average = 19.8%

What's so great about averaging 20% unemployment for 8 consecutive years?

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

 

[CrusaderFrank]

FDR supposedly is a Great President for "Getting us out of the Great Depression."

Here's the data set.

I see no greatness. I see 8 consecutive years of failure.

FDR US Unemployment 1932: 24.1%, 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%. 8 year Average = 19.8%

What's so great about averaging 20% unemployment for 8 consecutive years?

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

FDR's Greatness is like "Settled Science", a lie, a myth, a ruse to get the gullible to agree with a preposterous notion.

Show me when the Greatness kicked in.

 

[Old Rocks]

Don't have to. Read what the historians have to say concerning Roosevelt.

 

[8537]

FDR supposedly is a Great President for "Getting us out of the Great Depression."

Here's the data set.

I see no greatness. I see 8 consecutive years of failure.

FDR US Unemployment 1932: 24.1%, 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%. 8 year Average = 19.8%

What's so great about averaging 20% unemployment for 8 consecutive years?

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

FDR's Greatness is like "Settled Science", a lie, a myth, a ruse to get the gullible to agree with a preposterous notion.

Show me when the Greatness kicked in.

You don't believe in gravity, Frank? Mitosis?

 

[DiamondDave]

Don't have to. Read what the historians have to say concerning Roosevelt.

And book writers or 'historians' NEVER get it wrong.. NEVER get blinded by agenda or opinion...

FDR, while doing some good, did irreparable damage to our federal government system and prolonged the misery of the GD

 

[Soggy in NOLA]

Don't have to. Read what the historians have to say concerning Roosevelt.

And book writers or 'historians' NEVER get it wrong.. NEVER get blinded by agenda or opinion...

FDR, while doing some good, did irreparable damage to our federal government system and prolonged the misery of the GD

Exactly... look at the Global Warming cultists... they've been shot down as frauds, yet they soldier on!

 

[CrusaderFrank]

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

FDR's Greatness is like "Settled Science", a lie, a myth, a ruse to get the gullible to agree with a preposterous notion.

Show me when the Greatness kicked in.

You don't believe in gravity, Frank? Mitosis?

Gravity is there whether I believe it or not.

But surely you were aware that the space program is presenting challenges to our understanding of this most bedrock law of physics? Have you heard of the "Pioneer anomaly" or "Dark Matter"? Gravity refuses to acquiesce to our understanding once outside of Earth's orbit

 

[Liability]

FDR supposedly is a Great President for "Getting us out of the Great Depression."

Here's the data set.

I see no greatness. I see 8 consecutive years of failure.

FDR US Unemployment 1932: 24.1%, 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%. 8 year Average = 19.8%

What's so great about averaging 20% unemployment for 8 consecutive years?

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

"Regarded" by die hard liberals and other unthinking folks who aren't bright enough to actually "think" all on their own.

FDR had some good points. But in many regards, despite the propaganda of the liberal academics and the liberal media, he was actually a clear flop.

 

[8537]

FDR's Greatness is like "Settled Science", a lie, a myth, a ruse to get the gullible to agree with a preposterous notion.

Show me when the Greatness kicked in.

You don't believe in gravity, Frank? Mitosis?

Gravity is there weather I believe it or not.

But surely you were aware that the space program is presenting challenges to our understanding of this most bedrock law of physics? Have you heard of the "Pioneer anomaly" or "Dark Matter"? Gravity refuses to acquiesce to our understanding once outside of Earth's orbit

The Pioneer Anomaly isn't a problem with our understanding of physics. While there are a host of explanations (involving both human error and a misunderstanding of some esoteric portions of physics), only one involves a wholesale challenge to physics as we know it today - and that challenge is supported by about as many physicists as the Loch Ness monster....all due respect to Loch.

Dark Matter isn't a problem with our understanding of physics - it's an explanation of why the observed expansion of the universe does not fit with the observed amount of matter in the universe.

 

[CrusaderFrank]

FDR supposedly is a Great President for "Getting us out of the Great Depression."

Here's the data set.

I see no greatness. I see 8 consecutive years of failure.

FDR US Unemployment 1932: 24.1%, 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%. 8 year Average = 19.8%

What's so great about averaging 20% unemployment for 8 consecutive years?

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

"Regarded" by die hard liberals and other unthinking folks who aren't bright enough to actually "think" all on their own.

FDR had some good points. But in many regards, despite the propaganda of the liberal academics and the liberal media, he was actually a clear flop.

He oversaw an economy worse than the 7 Biblical Lean Years and only had Hitlers invasion of Poland to thank for the drop in unemployment as healthy young men joined the US military.

He is regarded as "Great" by Progressives, US Communists, dupes and unthinking sock puppets.

 

[8537]

FDR supposedly is a Great President for "Getting us out of the Great Depression."

Here's the data set.

I see no greatness. I see 8 consecutive years of failure.

FDR US Unemployment 1932: 24.1%, 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%. 8 year Average = 19.8%

What's so great about averaging 20% unemployment for 8 consecutive years?

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

"Regarded" by die hard liberals and other unthinking folks who aren't bright enough to actually "think" all on their own.

FDR had some good points. But in many regards, despite the propaganda of the liberal academics and the liberal media, he was actually a clear flop.

Regarded by die hard liberals...oh, and almost everyone else on the planet - including folks capable of thinking on their own.

In what "many regards" was he a "clear flop?

 

[8537]

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

"Regarded" by die hard liberals and other unthinking folks who aren't bright enough to actually "think" all on their own.

FDR had some good points. But in many regards, despite the propaganda of the liberal academics and the liberal media, he was actually a clear flop.

He oversaw an economy worse than the 7 Biblical Lean Years and only had Hitlers invasion of Poland to thank for the drop in unemployment as healthy young men joined the US military.

He is regarded as "Great" by Progressives, US Communists, dupes and unthinking sock puppets.

He inherited an economy that had contracted by almost 50%. Within his first year it began expanding at a pace not seen before or since in US economic history.

 

[CrusaderFrank]

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

"Regarded" by die hard liberals and other unthinking folks who aren't bright enough to actually "think" all on their own.

FDR had some good points. But in many regards, despite the propaganda of the liberal academics and the liberal media, he was actually a clear flop.

Regarded by die hard liberals...oh, and almost everyone else on the planet - including folks capable of thinking on their own.

In what "many regards" was he a "clear flop?

Once you look at the data set, it's obvious that the New Deal did nothing to get America back to work and was just another example of the failure of Soviet Style Central Planning.

 

[bodecea]

FDR supposedly is a Great President for "Getting us out of the Great Depression."

Here's the data set.

I see no greatness. I see 8 consecutive years of failure.

FDR US Unemployment 1932: 24.1%, 1933: 24.9, 1934: 21.7%, 1935: 20.1%, 1936: 16.9%, 1937: 14.3%, 1938: 19.0%, 1939: 17.2%. 8 year Average = 19.8%

What's so great about averaging 20% unemployment for 8 consecutive years?

FDR is considered a great president, not because of his policies but because of his leadership. He led the country through the greatest depression and military threat the country has ever faced. After the war ended we were the greatest military, industry, and financial power on earth. I think the president that led us through this deserves a lot a credit.

I agree...particularly when the Republicans were the Party of Isolation and Appeasement before Pearl Harbor.

Some people today can't stand that one of the Greatest (and longest serving presidents) was a Democrat.

 

[Liability]

Ah, shut up, Frank. History has judged FDR, and your silly opinion carries zero weight in that judgement. FDR will continue to be regarded as one of the four greatest Presidents this nation has had.

"Regarded" by die hard liberals and other unthinking folks who aren't bright enough to actually "think" all on their own.

FDR had some good points. But in many regards, despite the propaganda of the liberal academics and the liberal media, he was actually a clear flop.

Regarded by die hard liberals...oh, and almost everyone else on the planet - including folks capable of thinking on their own.

Nope. Regarded by libs and those who have been indoctrinated by libs and who have yet to think on their own about the matter. For those who are engaged in actual honest thinking -- in that set of people who reject socialism, at the very least -- FDR is not nearly as revered as you imagine.

In what "many regards" was he a "clear flop?

Ground ball. I refer you to CF's answer. http://www.usmessageboard.com/3063042-post418.html