The New Deal: 1932-2011.

    Such a quiet death rattle, all things considered: As a practical matter, the Obama campaign and, for the present, the Democratic Party, have laid to rest all consideration of reviving the coalition nurtured and cultivated by Franklin D. Roosevelt. The New Deal Coalition — which included unions, city machines, blue-collar workers, farmers, blacks, people on relief, and generally non-affluent progressive intellectuals — had the advantage | Read More »

    The New Deal: 1932-2011.

    Such a quiet death rattle, all things considered: As a practical matter, the Obama campaign and, for the present, the Democratic Party, have laid to rest all consideration of reviving the coalition nurtured and cultivated by Franklin D. Roosevelt. The New Deal Coalition — which included unions, city machines, blue-collar workers, farmers, blacks, people on relief, and generally non-affluent progressive intellectuals — had the advantage | Read More »

    Amity Shlaes, FTW

    She takes on Paul Krugman and exposes the antiquated nature of his policy recommendations: Paul Krugman of the New York Times has been on the attack lately in regard to the New Deal. His new book “The Return of Depression Economics,” emphasizes the importance of New Deal-style spending. He has said the trouble with the New Deal was that it didn’t spend enough. He’s also | Read More »

    The Lessons Of The New Deal

    As told by Tyler Cowen. The point made about ensuring the expansion of monetary policy is highly important, but so is the point that Roosevelt’s agricultural subsidies and imposition of industry cartels were utterly and completely disastrous economically. One certainly hopes that taxes will not be raised and that the Bush tax cuts will still have a lot of life left in them during the | Read More »

    Barack Obama and the WPA 2.0

    Cross-posted from UncommonRight. We’ll put people back to work rebuilding our crumbling roads and bridges, modernizing schools that are failing our children, and building wind farms and solar panels; fuel-efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead. ~Barack Obama, November 22, 2008 Where, exactly does Barack Obama | Read More »