President B. Hussein Obama and his team are modeling their domestic agenda on President Franklin D. Roosevelt’s Keynesian liberalism. They are seeking to forge a modern, 21st century version of the New Deal. There is, however, one major problem. The original New Deal was a dismal failure.
Mr. Obama recently pledged that his incoming administration would make the largest investment in national infrastructure projects since the late 1950s. Hundreds of billions will be spent on building new roads and bridges, upgrading old school buildings, modernizing hospitals and expanding access to Internet broadband, the so-called information superhighway.
The great myth championed by the American left is that Franklin Roosevelt was a first-rank leader, a bold and decisive president who tackled the Great Depression and defended democracy against totalitarianism. According to most liberals, FDR provided hope and security to a country battered by economic crisis, and visionary leadership in the struggle against fascism.
This myth is so deeply entrenched, even conservatives, such as Conrad Black and Newt Gingrich, praise FDR as one of the seminal statesmen of the 20th century.
Yet, Roosevelt’s New Deal failed to engender economic recovery. His massive public works programs, relief aid and burgeoning welfare policies did not reverse the crippling unemployment and rampant poverty of the 1930s. In fact, his tax increases, class warfare rhetoric, stifling regulations and reckless government spending crippled economic growth, job creation and the formation of vital investment capital.
Contrary to FDR’s claims, the New Deal did not “save American capitalism,” but wrecked it. He established the dangerous precedent of massive government interference in the economy and a rudimentary welfare state – forging a destructive path toward creeping socialism.
FDR’s big government liberalism also led to sweeping away traditional values such as self-reliance, civic virtue, individual liberty, limited government and a decentralized, constitutional republic. America has been transformed into a country our Founding Fathers would not only find unrecognizable but repulsive: a nanny-state characterized by confiscatory tax rates, a swollen federal bureaucracy and a citizenry that depends on government largess. The New Deal destroyed more than a free-market society; it destroyed the American character.
Click: Read Much More at the source
Link: Obama’s “New Deal”
“The business and economics establishment will soon call for a new New Deal, and all the socialist policies of FDR will be dusted off and respun to the unwitting public, and the years that follow will be ones of pain, high prices, and a real fall in the standard of living. Read more
Fasten your seat belts and come along for the socialism ride of your life! Get ready for that welfare check that will be just enough for you to eat on so B. Hussein Obama can keep you under his rule. Welcome to the Obama World with gays marching for the Liberals and Barack will give them their own schools! Abortions will be as easy as buying a cup of coffee at a coffee stand. It will be legal to sleep on the sidewalk while you enjoy all kinds of drugs. It will be legal to marry anything you want to, that will also allow you to get more money from that socicalist welfare check..just marry your dog and get more welfare.
Hold on to your hat cause here we go to a SOCALIST COUNTRY!
CHANGE YOU VOTED FOR ( some voted for) CHANGE YOU WANTED
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.