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

Book Cover
Average Rating
Publisher:
Tantor Media, Inc.
Pub. Date:
2009
Language:
English
Description
In this shocking and groundbreaking new book, economic historian Burton Folsom, Jr., exposes the idyllic legend of Franklin D. Roosevelt as a myth of epic proportions. With questionable moral character and a vendetta against the business elite, Roosevelt created New Deal programs marked by inconsistent planning, wasteful spending, and opportunity for political gain-ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life.Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy. Many government programs that are widely used today have their seeds in the New Deal. Farm subsidies, minimum wage, and welfare, among others, all stifle economic growth-encouraging decreased productivity and exacerbating unemployment.Roosevelt's imperious approach to the presidency changed American politics forever, and as he manipulated public opinion, American citizens became unwitting accomplices to the stilted economic growth of the 1930s. More than sixty years after FDR died in office, we still struggle with the damaging repercussions of his legacy.
Also in This Series
More Like This
More Details
ISBN:
9781400192649
Reviews from GoodReads
Loading GoodReads Reviews.
Tagging
Tags:

No Tags, Be the first to tag this record!


Staff View

Grouping Information

Grouped Work ID0bebce23-baf1-b76f-02dd-6a2d8d80fa7d
Grouping Titlenew deal or raw deal how fdrs economic legacy has damaged america
Grouping Authorburton w folsom jr
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2021-06-23 04:51:31AM
Last Indexed2021-06-23 05:07:11AM
Novelist Primary ISBN9781400112647

Solr Details

accelerated_reader_point_value0
accelerated_reader_reading_level0
authorBurton W. Folsom, Jr.
author_displayBurton W. Folsom, Jr
available_at_addisonOnline OverDrive Collection
detailed_location_addisonOnline OverDrive Collection
display_description

In this shocking and groundbreaking new book, economic historian Burton Folsom, Jr., exposes the idyllic legend of Franklin D. Roosevelt as a myth of epic proportions. With questionable moral character and a vendetta against the business elite, Roosevelt created New Deal programs marked by inconsistent planning, wasteful spending, and opportunity for political gain---ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life.

Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy. Many government programs that are widely used today have their seeds in the New Deal. Farm subsidies, minimum wage, and welfare, among others, all stifle economic growth---encouraging decreased productivity and exacerbating unemployment.

Roosevelt's imperious approach to the presidency changed American politics forever, and as he manipulated public opinion, American citizens became unwitting accomplices to the stilted economic growth of the 1930s. More than sixty years after FDR died in office, we still struggle with the damaging repercussions of his legacy.

format_addisoneAudiobook
format_category_addisonAudio Books
eBook
id0bebce23-baf1-b76f-02dd-6a2d8d80fa7d
isbn9781400192649
item_details
Bib IdItem IdShelf LocCall NumFormatFormat CategoryNum CopiesIs Order ItemIs eContenteContent SourceeContent FileeContent URLsubformatDetailed StatusLast CheckinLocationSub-location
overdrive:e0ff8955-51ab-419a-b873-99504ee66f8e-1Online OverDrive CollectionOnline OverDriveeAudiobookAudio Books1falsetrueOverDriveOverDrive MP3 Audiobook, OverDrive ListenAvailable Online
overdrive:e0ff8955-51ab-419a-b873-99504ee66f8e1Online OverDrive CollectionOnline OverDriveeAudiobookAudio Books0falsetrueOverDriveOverDrive MP3 Audiobook, OverDrive ListenAvailable Online
last_indexed2021-06-23T10:07:11.074Z
lexile_score-1
literary_formNon Fiction
literary_form_fullNon Fiction
local_callnumber_addisonOnline OverDrive
owning_library_addisonAddison Public Library Online
owning_location_addisonOnline OverDrive Collection
primary_isbn9781400192649
publishDate2009
record_details
Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical DescriptionAbridged
overdrive:e0ff8955-51ab-419a-b873-99504ee66f8eeAudiobookAudio BooksEnglishTantor Media, Inc.2009
recordtypegrouped_work
scoping_details_addison
Bib IdItem IdGrouped StatusStatusLocally OwnedAvailableHoldableBookableIn Library Use OnlyLibrary OwnedHoldable PTypesBookable PTypesLocal Url
overdrive:e0ff8955-51ab-419a-b873-99504ee66f8e-1Available OnlineAvailable Onlinefalsetruetruefalsefalsefalse
overdrive:e0ff8955-51ab-419a-b873-99504ee66f8e1Available OnlineAvailable Onlinefalsetruetruefalsefalsetrue
title_displayNew Deal or Raw Deal? How FDR's Economic Legacy Has Damaged America
title_fullNew Deal or Raw Deal? How FDR's Economic Legacy Has Damaged America
title_shortNew Deal or Raw Deal?
title_subHow FDR's Economic Legacy Has Damaged America
topic_facetBusiness
Nonfiction