Customer Reviews for

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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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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  • Posted February 23, 2009

    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 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.

    9 out of 42 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted February 22, 2010

    A Biased Opinion

    It's sad that the other reviews for this book now seem to take it as factual. I guess you find the "facts" for which you search. This book is yet another opinion-based book. The facts are used to interpret history the way they want it interpreted. Obviously written by regressives who don't like the social safety net formed by the New Deal, it's sad they don't admit that programs like Social Security and laws like Glass-Steagall actually have helped stabilize people's retirement incomes and the financial system. I bet they won't be returning those SS checks once they start coming in..

    4 out of 26 people found this review helpful.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted February 11, 2010

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    Posted February 15, 2009

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    Posted November 15, 2010

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  • Anonymous

    Posted May 28, 2010

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