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

Average Rating 4
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(42)

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(6)

2 Star

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(8)

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Most Helpful Favorable Review

12 out of 15 people found this review helpful.

Great book about FDR and the Great Depression

It took reading this book to make me realize how little I knew about the Great Depression. I also realized how wrong my thinking was about what caused the Great Depression and why it lasted so long. This book should be required reading in high school.

posted by Tricia88 on February 5, 2010

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Most Helpful Critical Review

9 out of 42 people found this review helpful.

Actually government spending was the right thing to do. Lots of it.

Idyllic??

The good feelings for F.D.R. were based on the real suffering he alleviated.

It is easy for the armchair economist, who has plenty to eat and a warm place to sleep, to suggest a hands off approach to solving the depression era downturn.

The problem ...
Idyllic??

The good feelings for F.D.R. were based on the real suffering he alleviated.

It is easy for the armchair economist, who has plenty to eat and a warm place to sleep, to suggest a hands off approach to solving the depression era downturn.

The problem is the length of time that approach might take would have meant prolonged suffering to those at the bottom of the income brackets. Many who were elderly and children.

People were going hungry and suffering during the depression. And the federal programs created by F.D.R. helped alleviate it. Hence F.D.R.'s reelection.

There is no perfect system, but the lesser of two evils is the approach which was used. And used correctly. However imperfect.

The fact is, massive government spending during WWII, helped lift the United States out of its depression era.

So F.D.R. was not guilty by failure of ideology, but by scope. The problem with F.D.R. was not that he spent, but that he spent too little until WWII.

Government spending was the solution.
It was not perfect, but it solved the problem.

Fiscal austerity sounds great as long as you're not the one in the breadline.

posted by DavidCA on February 23, 2009

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  • Anonymous

    Posted May 14, 2010

    Not the greatest read

    I was honestly hoping for this book to be great, and while exposing the New Deal for the sham that it was isn't all that difficult, the author unfortunately fails to deliver.

    I'm not a leftist, a Socialist, a Democrat, or a Progressive. I'm a Conservative, Republican, and a Capitalist.

    This book was actually difficult to get through, it was written from an extremely biased point of view, which you would expect, however the bias at some points was so thick, it caused this book to lose relevance.

    It could have been a great book, and if nothing else is an anthology of the failings of FDR and the New Deal, however this cannot be considered a serious academic work.

    6 out of 7 people found this review helpful.

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  • Anonymous

    Posted March 28, 2010

    Another book on FDR and how he prolonged the Great Depression

    Here is another book on FDR and the Great Depression. The author tries to present FDR and the Democratic administration of the time as prolonging the Great Depression. Yes some of their policies did interfere with the economy, but it does not address the fact that FDR was following a lot of polocies advocated by Herbert Hoover. FDR basically tok these policies much further and at a national level. The book does not say anything about the individual states interfering with the economy. Nor anything abouth the federal government interference since the Progressive era. The author tends to be somewhat biased toward FDR. Yes he is probably right about the interference in the economy, but just imanigined what would have happened if Hoover had been reelected and the same policies had been continued as from 1929-1932. Want to bet that things probably have been worse? I do agree with the author in priciple, but if nothing had been done, I think things would have been even worse in the political sense.

    3 out of 9 people found this review helpful.

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    Posted March 28, 2011

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    Posted April 13, 2010

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    Posted February 11, 2010

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    Posted April 9, 2011

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