Thread Tools
Apr 25, 2011, 02:54 PM
MtnGoat
MtnGoat
Tu ne cede malis
MtnGoat's Avatar
Thread OP
Discussion

Is Budget Austerity Modern-Day Hooverism?

An important starter article so you can learn the material necessary to deal with the interventionist catechism and myth intentionally promulgated to elevate FDR's disastrous handling of the Great Depression to the role of exemplary economic model.

Keynesian economics is a destructive dead end. It maintains a following because it is ideally suited to those wishing to justify continual control and interventionism and endless spending.

Here is what really happened.
Quote:
Is cutting spending like repeating Herbert Hoover's errors? No, and saying it again and again doesn't make it true. The big-spending Hoover did more to intervene in the peacetime economy than any prior president. Indeed, he set in motion all of the things that FDR later did in the New Deal
Quote:
With the debate over the federal government's budget as the hot topic of the day, the proponents of big spending have gone into overdrive with their mantra that Herbert Hoover was a small-government liquidationist. As often as this myth is repeated, it's important to show that it is wrong: Herbert Hoover was a big-government man who did not trust the free market. Ironically, I can use the evidence provided by some of these progressive writers themselves to demonstrate this point.
Read and learn so we need not simply allow the mistaken claims to perpetuate here, or anywhere else.
Return to Life, The Universe, and Politics


Quick Reply
Message:

« Previous Thread | Next Thread »
Thread Tools

Similar Threads
Category Thread Thread Starter Forum Replies Last Post
Discussion Modern Day Nativity.... Arbo Life, The Universe, and Politics 7 Dec 22, 2010 09:12 PM
Discussion The Obama presidency increasingly resembles a modern-day Ancien Régime MtnGoat Life, The Universe, and Politics 66 Aug 11, 2010 09:57 AM
Discussion Austerity Vs. Stimulus: The New Ideological Divide MtnGoat Life, The Universe, and Politics 27 Jul 03, 2010 03:03 PM
Nazis Roots Of Modern Day Jihad WillowPtarmigan Life, The Universe, and Politics 22 Jul 07, 2004 12:44 PM
Bad Day for the Budget (Or: The Slow Stick Gets Wet Mel Duval Parkflyers 13 Aug 11, 2003 08:32 PM