Book Notes: Conclusion
This weeks entry marks the end of our reading of New Deal or Raw Deal by Burt Folsom, Jr. I felt like this book was very timely and had many points we should consider today. I had read about FDR before, and had a pretty low opinion of him. However, this book lowered that opinion further still. I get the feeling FDR was primarily concerned | Read More »
Book Notes: What FDR Could Have Done.
This weeks post is going to be short and sweet. With our current recession showing more negative signs each week, I thought Chapter 15 had some useful advice for today’s leaders. In this chapter, Mr. Folsom looks at some of the things FDR should have done to get the United States out of the Great Depression. Two of those things stand out above the rest | Read More »
Book Notes: Character of the President
I thought chapter 14 of this weeks reading was very interesting. In it, Mr. Folsom chronicles many of the lies FDR told to the public and to members of his own party while in office. FDR was guilty of using the same lies that we hear politicians use today. For example, in 1932, Roosevelt promised to balance the budget. He even made balancing the budget | Read More »
Book Notes:The Minimum Wage Law
I am going to spend some time on my soap box this week. I have always been against the minimum wage law, and this weeks reading has only reinforced that. This weeks reading of New Deal or Raw Deal? included a discussion of FDR’s push for a minimum wage. FDR citied the need for the poor to have more money. If businesses were required to | Read More »
Book Notes: The Dangers of Federal Charity
I thought this weeks reading serves as a very good warning to the dangers of the federal government getting involved in charities. Mr. Folsom was looking back at the New Deal, but I believe we could apply lessons form the New Deal to today’s debate on federal spending. First, federal charity retards private charity. If individuals are taxed so that the federal government can provide | Read More »
Book Notes: the Depression, the NRA, and Obama
I continue to be amazed at the number of parallels between the FDR administration and the Obama administration. There were two important ones from this weeks reading that I wanted to spend time covering. Causes of the Great Depression During the 1930′s and into today capitalism is often pointed out as the reason for the Great Depression. FDR campaigned saying that the rich were getting | Read More »
Book Notes: New Deal or Raw Deal?
This is the first entry for our new book in the Book Notes section of Red State. I decided to go with New Deal or Raw Deal: How FDR’s Economic Legacy has Damaged America by Burton Folsom, Jr. because it seems very relevant for today. President Obama came into office on a spending spree. The Democratic controlled Congress and Senate showed no desire to reign | Read More »