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

New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America

eBookMall Preferred Publisher
Threshold Editions
Publication date: November 2008
ISBN: 9781416596318
Digital Book format: ePub (Adobe DRM)

Buy ePub

Our price:
$11.66
GET THIS EBOOK
FOR FREE!
Join our Facebook sweepstake, share and
get 10 likes. Winners
get notified in 24H!
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.
Please sign in to review this product.
Devices:
New Deal or Raw Deal? ePub (Adobe DRM) can be read on any device that can open ePub (Adobe DRM) files.

File Size:
451 Kb
Language:
ENG
Copy From Text:
Enabled and unlimited.
Printing:
Enabled and unlimited.
Other books by Burton W. Folsom
FDR Goes to War: How Expanded Executive Power, Spiraling National Debt, and Restricted Civil Liberties Shaped Wartime America ePub (Adobe DRM) download by Anita Folsom
FDR Goes to War
Anita Folsom & Burton W. Folsom & Burton W. Jr. Folsom
Threshold Editions, October 2011
ISBN: 9781439183229
Format: ePub
List Price: $12.99 Our price: $11.66