Are we doomed to Obama’s repeat of FDR’s folly?
Jobs recessions, anemic growth, and declining living standards don’t have to last this long in America Who knew that the mere listing of Jim Powell’s 2003 book, FDR’s Folly: How Roosevelt and his New Deal prolonged the Great Depression, among those in a recent column chronicling literary works I have found most informative and influential to my post-matriculation economic education, would subject me to the wrath of a | Read More »
I agree with FDR….in one instance
Cross posted to Liberty Ink Journal This doesn’t often happen for a conservative like myself. As one who studies the presidents and does not exactly consider Franklin Delano Roosevelt or his predecessor 5th cousin, for that matter, (though it must be noted that FDR was a distant cousin of MANY presidents) to be one of my favorites, I don’t typically agree with him. But today | Read More »
New Deal Was a Raw Deal for America
President-elect Barack Obama believes government spending is the best way to bailout America from its economic woes, and liberals in Congress are having no trouble finding ways to spend your hard-earned money. The price tag of the so-called stimulus plan has steadily increased from $775 billion last week to $850 billion today. Liberals like to say the New Deal programs of their hero Franklin Delano Roosevelt | Read More »
Obama Mimics FDR’s Failed Policies
President-elect Barack Obama is trying to bribe Republicans with $300 billion in tax cuts as part of a much larger economic stimulus proposal. Will the GOP take the bait? As hard as it might be for Republicans to walk away from a large tax cut, they shouldn’t be fooled by Obama’s big-spending approach. The president-elect wants to spend hundreds of billions of dollars on unemployment | Read More »