The New Deal Was A Failure: Hoover and FDR Prolonged the Great Depression with Big Government
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This mini-documentary from the Center for Freedom and Prosperity Foundation explains how the statist policies of Presidents Hoover and Roosevelt lengthened and deepened the Great Depression. The video also briefly explains how reductions in the burden of government spending helped the economy recover from a deep recession after World War I and to grow after World War II.
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The New Deal wasn't enough, it's true. But the massive government spending program called Word War II was.
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I don't know if you're just getting paid to spread this nonsense or you believe it. If you do believe it I pity you. Only in America do the peasants long for a day when serfdom is once again a reality.
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Bull shit propaganda video
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What a distortion and a knucklehead assessment.
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The recovery was so awful that it prompted an enraged American public to re-elect Roosevelt four times
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I see they found time to praise the corrupt Harding administration and overlooked how the hands off Coolidge administration had a weakening economy Hoover was not prepared to handle (leading to the Great Depression).
Also failed to mention how FDR was much more willing to deficit spend than Hoover, and that unemployment when down under initial New Deal but started to go back up when deficit cutting congress got into power. -
Another extreme right group that despised FDR. Hoover was a doing nothing, watch as your house is on fire, President. They hate and despise the middle and working class. Right wing groups like this idolize and deify that great senile fraud Ronnie Reagan. All of this is a bunch of lies. FDR will always be perhaps second to Lincoln as one of our greatest Presidents.
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Michelle Fields is definitely a tool of conservative interest groups.
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FDR consistently ranks among the greatest presidents in American history.
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LOL this is the girl that claimed she was manhandled by Trump's campaign manager
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The economy for the people who "count" mens that people can die by the millions as long as the richest people are making astronomical amounts of money. The only reason the middle class was able to recover is because they were given jobs. You fucking traitors to humanity need to be removed from all decent society, and history needs to see you for the filth you really are.
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Consider the source of this information. The Center for Freedom and Prosperity is nothing more than a front for Koch Industries. They promote misinformation that benefits their own agenda, and that is making the Koch brothers exponentially richer. They hide the bulk of their wealth offshore while paying a 3% tax rate on what remains.The rest of us pay around 34%.
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I think all political videos should be narrated by hot babes.
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If as handsome a man were speaking this video then I would be able to listen better. But it's good she carries such an erudite message, regardless of her sex.
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GDP increased every year once the New Deal was introduced except in 1937 when Rooselvelt capitulated to the Republicans and lowered taxes.And what happened?Unemployment shot up again.It is true it took the War to pull us out all together.But what this dummy is failing to see is that the Horse and Sparrow policies that Wilson,Coolidge and Hoover championed got us to that point.Later in the century Reagan and Little Bush proved it again.When business' WON'T spend and the citizenry CAN'T spend the Government MUST spend.You need to read a book on basic economics and/or critical thinking lady.
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Brought to you by the Tea Party. Rewriting America's history ever since a black man was elected president.
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I am sick of hearing "the New Deal didn't work!" Granted, it didn't end the Depression (WWII did), but that was never the goal. The goal was instant relief and recovery. In that since it worked. Here's the unemployment rates from 1933-1937:
1933: 25%
1934: 18%
1935: 16%
1936: 14%
1937: 14%
Unemployment DECLINED by 11%! In 1938, the unemployment rate had returned to 20% because Roosevelt caved in to the demands of congress and passed a balanced budget. When he returned to deficit spending, unemployment declined again. Unemployment rates from 1938-1941:
1938: 18%
1939: 12%
1940: 10%
1941: 8%
Then after WWII:
1942: 3%
1943: 1%
1944: 2%
1945: 1%
Long story short, the New Deal WORKED! Yes, the depression didn't end, and unemployment remained high, but the economy had been improving, just not rapidly. New Deal was NOT A FAILURE! End of story! -
Why is it that George Bush deregulated and cut taxes and it turned a record surplus into a record deficit and gave us the worst recession since the 1930s? Whereas Obama used Keynesian stimulus and has seen deficits cut by 70%, the unemployment rate cut from 8.6% to 5.5%--while the stock market more than doubled?
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Very good video! Very informative!
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How about we all just agree that the New Deal kinda worked? Everyone on here is right, though some comments on here are bias, everyone is correct. To an extent. The New Deal WAS NOT a complete failure and FDR DID NOT repeat the same mistakes as Hoover. But what ultimately got us here today was WWII so..yeah...Everyone made their mistakes, and those mistakes were fixed.
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