ePub New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America download
by Burton W. Jr. Folsom

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Start by marking New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America as Want to Read: Want to Read savin. ant to Read. The author also spends a good deal of time telling the story of FDR’s personal life.
Professor Burt Folsom has produced a highly readable book and has done a yeoman's job in exposing the New . A wonderful book for those seeking a true inspection of the New Deal and FDR's actions during this period outside of the normally white washed version presented elsewhere.
Professor Burt Folsom has produced a highly readable book and has done a yeoman's job in exposing the New Deal. - Walter E. Williams, John M. Olin Distinguished Professor of Economics, George Mason University. 5 people found this helpful.
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an Conservative UniversityVideosNew Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America by Burton W. Folsom Jr.
318 pages ; 22 cm. A sharply critical look at Franklin D. Roosevelt's presidency outlines government policies that hindered economic recovery from the Great Depression - and are still hurting America today. Economic historian Burton W. Folsom presents the idyllic legend of Franklin D. Roosevelt as a myth of epic proportions.
New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America by Burton W. (Author) 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. .
In this shocking and groundbreaking new book, economic historian Burton W. Folsom exposes the idyllic legend of Franklin D. 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.
New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America (2008).
In his book The Myth of the Robber Barons, Folsom distinguishes between political entrepreneurs, who ran inefficient businesses supported by government favors, and market entrepreneurs, who succeeded by providing better and lower-cost products or services, usually while facing vigorous competition. New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America (2008).
Folsom advances new and important arguments. His anti–New Deal verdict is hard to dispute: levels of unemployment at the end of the 1930s remained at depression levels
Folsom advances new and important arguments. His anti–New Deal verdict is hard to dispute: levels of unemployment at the end of the 1930s remained at depression levels. In May 1939, Treasury Secretary Henry J. Morgenthau J. one of Franklin Roosevelt's best friends, testified before the House Ways and Means Committee: "I say after eight years of this Administration we have just as much unemployment as when we starte. nd an enormous debt to boot" (p. 2). When he spoke, unemployment exceeded 20 percent
Scholars reevaluating FDR and the New Deal include, among others, Robert Higgs (Crisis and Leviathan [New York: Oxford .
Scholars reevaluating FDR and the New Deal include, among others, Robert Higgs (Crisis and Leviathan ; Against Leviathan ; and a number of journal articles), Gary Dean Best (Pride, Prejudice, and Politics: Roosevelt versus Recovery, 1933–1938 ), Richard Vedder and Lowell Gallaway (Out of Work, as well as several journal articles), Jim Couch and William Shughart II (The Political.
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.
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