Wednesday, February 18, 2009

Furthermore...

Making the "requirement" for success the achievement of all the stated and understood goals of all the programs makes the debate mute. That would be exactly the same effect as my saying that because George H. W. Bush ran on a promise of "No New Taxes" (I read his lips), HIS Administration's efforts and policies were also complete failures.

The New Deal is understood to mean the policies and programs of BOTH FDR's pre-war Administrations in toto, because everything these Administrations did was geared to improve the American condition across the board. This is true of ANY Administration's goals, isn't it? We may not agree with Obama and his Cabinet, but I'm pretty confident that they are doing something they THINK will help the country (as ignorant as I know this to be, it doesn't change the facts).

So, you may not think that the repeal of the Volstead Act was "New Deal", but that doesn't change the facts. You may not think that the removal of the gold standard was New Deal, but it was. Just as much as the NRA, the WPA, the CCC, or any other "alphabet soup" program was New Deal.

Something changed in the summer of 1933, because this country saw GROWTH in the GDP for the first time in more than 4 years... growth that continued with only ONE 9-month interruption for the next 7 years. Please, stop showing me where the country was still hurting! I KNOW that times remained tough and that there was a huge degree of economic uncertainty and fear throughout the nation... but SOMETHING changed! The evidence is clear and unequivocal.

If it wasn't caused by some aspect of New Deal policies (i.e. Keynesian economics), then what was it?

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