Thursday, March 04, 2010

FDR Prolonged the Depression

http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

The advent of the internet has given Truth an avenue broad and expeditious.

Within hours we are able to review the differing political opinions of both left and right and draw thoughtful, personal conclusions. What a blessing it is to have the clarity of free and open debate on such a grand scale. How better to distill truth than to have access to everyone's opinion; weigh objectivity, appraise rationality, atomize substance, assess relevance, and compare those opinions with raw data.

Why only now, nearly seven decades hence, are we, as a general public, gaining access to information dispelling the myth of the New Deal as the salvager of the depression era? Only now because we are able to bypass academia and the progressive episteme of the Keynesian epoch which says that government is the answer to the human condition.

"Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt."


 


 

Maurice Enchel


 


 

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