View Article

Right-wingers are so mad at President Obama for trying to fix the economy they’re renewing a war they lost 75 years ago – against FDR and the New Deal.


The Fox mantra has been that the New Deal didn’t end the Depression, but only made it worse; that only World War II ended the Depression.


Ferrel Guillory, on whom I depend for historical perspective, says the Roosevelt-trashing ignores what really happened: The New Deal of 1933 did pull the country out of the depths of the Depression.  Then, in 1937, FDR listened to the conservatives who wanted him to cut spending and balance the budget. The result was that the country fell back – hard.


A new biography of FDR – Traitor to His Class: The Privileged Life and Radical Presidency of Franklin Delano Roosevelt, by H.W. Brands – sums up what he did. And serves up a lesson for today:


Did he get everything right? By no means, and he never claimed that he did. But he got a great deal right. He caught the banking system in free fall and guided it to a soft landing. He sponsored rules that helped prevent a recurrence of the banking collapse and of the stock market crash that preceded it. The programs his administration formulated furnished jobs and experience to much of a generation of young people. He helped the parents of these young people keep their homes and farms. He showed their grandparents that old age need not be accompanied by poverty. He gave workers a hand in their efforts to rebalance relations between labor and capital.


Beyond everything else, he provided hope. He didn’t end the Great Depression, which was too large and complex for any elected official to conquer. But he banished the despair the depression had engendered. He understood intuitively – or perhaps he learned from Uncle Ted and Woodrow Wilson – that the presidency was above all a moral office. A president who speaks to the hopes and dreams of the people can change the nation. Roosevelt did speak to the people’s hopes and dreams, and together they changed America.


That’s why my late father, a child of the Depression, always put FDR on a pedestal. And why he would be looking for the same hand and hope from the President today.



Click Here to discuss and comment on this and other articles.

Actions: E-mail | Permalink | Comments (3) RSS comment feed |


meilleure liste de casinos
Tuesday, February 23, 2010 6:33 AM
It helped me with ocean of knowledge so I really believe you will do much better in the future I appreciate everything you have added to my knowledge base.Admiring the time and effort you put into your blog and detailed information you offer!
# lehua777
Saturday, July 10, 2010 12:54 AM
This is an interesting one, Replica Watches, Swiss Replica Watches, Hublot Watches, Hugo Boss Watches, IWC Watches, Jacob&Co Watches, Jaeger-LeCoultre Watches, As you know we are sworn to secrecy of anything that we are told about before Basel. Jaquet Droz Watches, Longines Watches, Louis Vuitton Watches, Maurice Lacroix Watches, Montblanc Watches, Movado Watches, Omega Watches, Oris Watches, We get told a little bit but we are always surprised when Basel rocks around about what else is released. Panerai Watches, Parmigiani Watches, Patek Philippe Watches, Paul Picot Watches, Philip Stein Watches, On this occasion the brand has released a limited series diver’s watch. Piaget Watches, Porsche Design Watches, Rado Watches, Raymond Weil Watches, Richard Mille Watches, Roger Dubuis Watches, Romain Jerome Watches, Sinn Watches, The watch is framed by a unidirectional rotating bezel equipped with a minute scale. Tag Heuer Watches, Tissot Watches, Tudor Watches, U-Boat Watches, VUlysse Nardin Watches, Vacheron Constantin Watches, VZenith Watches, When the summer months come, so does gift-giving time.
# jordansbox
Wednesday, July 21, 2010 8:23 PM
supra skateboard dancing white purple blue Shoes is the essential material needs in our life,it is the social civilization development product.

Unlike the other supra skytop ii black red white black shoes, this supra skytop ii black red white black features bright romantic color which is quite suitable for the summer time.

Fitness shoes of new dunkss are collected at our website.

chanel j12 black ceramic ladies watch provide other Brands.

we always can see this mbt sport 2 women's on his foot occured on the diversity celebrity.

It has a special material to give good support, but it will not enter the heels squat lnike max tn.

Post Comment

Only registered users may post comments.
Copyright (c) Talking About Politics   :  DNN Hosting  :  Terms Of Use  :  Privacy Statement