According to the conventional wisdom, Roosevelt proved that such governmental action – bold, aggressive, experimental, and sweeping – restored vigor to the economy and improved the lives of the suffering masses.
Unfortunately, such assumptions rest upon a foundation of myths, distortions, half-truths and outright lies. The truths about the New Deal, and all other notable attempts in the course of American history to use the power of the federal government to rescue the poor over the course of 230 years of American history, show the same disturbing results: higher tax burdens and a corresponding loss of liberty, with little gain (and sometimes serious damage) for the intended beneficiaries of bureaucratic largesse.
An understanding of this destructive and increasingly dangerous pattern in our politics must begin with an examination of the pernicious legend of Franklin Roosevelt as America’s savior.
Read the whole thing
No comments:
Post a Comment