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New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America
| Our Price |
$ 11.70
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| Retail Value |
$ 15.00 |
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$ 3.30 (22%) |
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| Item Number |
1995327 |
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Item Description...
Overview
A revisionist perspective on FDR's presidency and the New Deal argues that such government programs as social security, minimum wage, and farm subsidies didn't work in the 1930s and do not work now, and traces many modern problems to the FDR administration.
Publishers Description
A sharply critical new look at Franklin D. Roosevelt's presidency reveals government policies that hindered economic recovery from the Great Depression -- and are still hurting America today.In this shocking and groundbreaking new book, economic historian Burton W. Folsom exposes the idyllic legend of Franklin D. Roosevelt as a myth of epic proportions. With questionable moral character and a vendetta against the business elite, Roosevelt created New Deal programs marked by inconsistent planning, wasteful spending, and opportunity for political gain -- ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life. Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy. Many government programs that are widely used today have their seeds in the New Deal. Farm subsidies, minimum wage, and welfare, among others, all stifle economic growth -- encouraging decreased productivity and exacerbating unemployment. Roosevelt's imperious approach to the presidency changed American politics forever, and as he manipulated public opinion, American citizens became unwitting accomplices to the stilted economic growth of the 1930s. More than sixty years after FDR died in office, we still struggle with the damaging repercussions of his legacy. |
Item Specifications...
Pages 318
Dimensions: Length: 1" Width: 5.5" Height: 8.25"
Weight: 0.62 lbs.
Binding Softcover
Release Date Nov 17, 2009
ISBN 1416592377
EAN 9781416592372
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Availability 35 units.
Availability accurate as of May 30, 2012 03:24.
Usually ships within one to two business days from Commerce GA.
Orders shipping to an address other than a confirmed Credit Card / Paypal Billing address may incur and additional processing delay.
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More About Folsom, Burton W., Jr.
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Reviews - What do our customers think?
 | NEW DEAL OR RAW DEAL Jan 27, 2010 |
What a great book !! Informative and easy to read !!! On Economics to boot !!
| | | | just right Jan 20, 2010 |
I've read several of the other reviews. All I want to say is I found the material in this book to be very interesting, and the length to be just right. It is the first book I've read about the great depression and Hoover/FDR. You might not find my review very helpful (the other reviews have said it all); I simply wanted to recommend you read New Deal or Raw Deal. Here is my question: are we repeating history?
If you are interested in knowing whether we are repeating history, read Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse | | | | Past is Prologue Dec 30, 2009 |
| I just read a book by Burton Fulson Jr.: New Deal or Raw Deal; How FDR's economic legacy has damaged America. This richly detailed analysis of the New Deal shows how FDR's policy of "spending their way out of the Great Depression" actually made things far worse by driving capital away from the businesses that really hired workers. FDR also used the line "soaking the rich" to justify raising taxes on the wealth to 79% even though the wealthy businessmen were the key to economic recovery. Federal government payouts were used to reward Democrats loyal to FDR and to punish politicians from either party who opposed him. The book also portrays an astounding level of graft and corruption within the Democratic Party all the way up to FDR himself that includes vote buying, forced politicizating of the hiring of government employees, use of the IRS by FDR to persecute political enemies and the deliberate deceptions by FDR to promote his programs, even at the expense of civil rights legislation (FDR was too busy trying to stuff the Supreme Court to bother supporting anti-lynching legislation). The parallels of the slick talking politician in the Oval Office making promises that he has no intentions of keeping such as not ballooning the national deficit with the current administration are all too easy to see. It is amazing how people have blinded themselves to the historical facts on failures and extraordinary corruption of the FDR administration. | | | | Insightful Dec 22, 2009 |
| Revealed many facts that are not taught in school. It is a definite must read for anyone interested in modern American History! | | | | Great job of research! Dec 19, 2009 |
| Mr Folsom did a great job on this book. I lived through this episode in history. It was NOT a fun time. Christmas was done on 50 cents, and the war brought us out of the depression, NOT FDR's policies. Groceries were brought home from a relief station in a coaster wagon. | | | Write your own review about New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America
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