Hey....Cramp.....where did you go???
Here's another quote that figured prominently in a post of mine...
"d.
Here's the money-quote, from the Roosevelt administration itslf:
Roosevelt’s Sec’y of the Interior, Harold Ickes, proclaimed:
“What we are doing in this country were some of the things that were being done in Russia and even some things that were being done under Hitler in Germany.” Confirmed:Roosevelt Ended the Great Depression… When He Died"
How come you left this one out, too????
So far we have the 'four tops'.....
Roosevelt, Hitler, Stalin and Mussolini!!!!
I'm beltin' 'em out of the park!!!!!
Looks like you are debating yourself. Nations affected by the Great Depression after the American market crash of 1929 and its impact into the 1930's looked at all the efforts made by different nations to reform and reinforce their economies that were totally dependent on free market capitalism and suffered for being so dependent on that free market capitalism. That led to the adoption of socialist-like policies and programs at various levels of governance and at various degrees of blending into the wished for better controlled and regulated free market capitalism. Germany and Italy turned into totalitarian nightmares and got trampled into the dungheap of losers in history while the USA under FDR turned into the strongest economy with the most powerful military in history. FDR knew which programs to keep and which ones to throw away while he kept the populace secure as possible and preserved democracy. America under the guidance of FDR won both against the depression and WWll. Italy and Germany, not so much. Stalin stayed in the game, but at the expense of tens of millions of USSR citizens. These facts are the ones that are real, not that dopey conspiracy theory crap you push while you to try and revise history.
Germany has already begun to adopt New Deal type programs such as Old Age insurance....in 1889.
Lot of good that did them. They knew which programs to keep....?????
Yep.
The intellectual descendants of those who worshipped Bismarck’s Prussia or Mussolini’s Ministry of Corporations, namely the New Dealers…latched on to the lodestar of 'enlightened economic policy'….in a quest for the holy grail of government-business ‘collaboration.’
It's corporatism, crony capitalism, and collectivism.
Turns out that 'spreading the wealth' is the recipe for failure.
It was not worshipping. It was intellectual experimentation and a search for pragmatic solutions. It is easy to look back and bloviate about how if some other policies or programs were used things would have turned out better. The trouble is that that is nothing more than self-aggrandizing speculative opinionating with no attempt to outline what policies and programs, efforts and plans would have done better or resolved the problems of the day.
FDR came into office with the worst economy in American history. So bad it saw stock brokers diving out of high rise Wall Street building and masses of citizens completely dependent on soup kitchens. While this was happening the Axis nations were building huge technologically advanced militaries that threatened the very survival of America.
In 12 years FDR managed to end the depression and beat America's enemies, in large part by his insightful support of developing advanced weapons that including advanced aircraft carriers and aircraft. From the atom bomb to the Garand infantry rifle, FDR guided the development of the weapons that shortened the war, reduced American casualties and brought victory against both Germany and Japan, resulting in America becoming the richest and most powerful nation in world history. But of course, there are those today that claim they could have done a better job, they just can explain how.
"FDR came into office with the worst economy in American history."
Really?
Or....did he make it the worst?
1.
"America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, ..
.Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged.
2. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that
the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.
3. Compared to FDR, Harding had a much better understanding of how an economy works. Harding, wrote historian Robert K. Murray, in The Harding Era (1969), "always decried high taxes, government waste, and excessive governmental interference in the private sector of the economy. In February 1920, shortly after announcing his candidacy, he advocated
a cut in government expenditures and stated that government ought to ‘strike the shackles from industry.’ ‘We need vastly more freedom than we do regulation,’ he said. Surprisingly, big business took very little notice of him at the time."
4. With Harding’s tax cuts, spending cuts and relatively non-interventionist economic policy, the gross national product rebounded to $74.1 billion in 1922.
The number of unemployed fell to 2.8 million – a reported 6.7% of the labor force – in 1922. So, 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."
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
So...I must ask again....and demand an answer:
Are you a fool or a liar????
Speak up!