New Deal or Raw Deal? - How Fdr's Economic Legacy Has Damaged America-logo

New Deal or Raw Deal? - How Fdr's Economic Legacy Has Damaged America

Burton W. Folsom, Jr.

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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.

Language:

English

Narrators:

Alan Sklar

Length:

11h 20m


Chapters

Free Sample

05:00

Introduction
Introduction

08:31


Chapter 1
Chapter 1

36:23


Chapter 2
Chapter 2

34:19


Chapter 3
Chapter 3

31:27


Chapter 4
Chapter 4

43:35


Chapter 5
Chapter 5

40:41


Chapter 6
Chapter 6

44:21


Chapter 7
Chapter 7

23:52


Chapter 8
Chapter 8

19:30


Chapter 9
Chapter 9

24:07


Chapter 10
Chapter 10

29:53


Chapter 11
Chapter 11

29:14


Chapter 12
Chapter 12

54:08


Chapter 13
Chapter 13

26:41


Chapter 14
Chapter 14

36:15


Chapter 15
Chapter 15

50:59


Chapter 16
Chapter 16

30:10


Chapter 17
Chapter 17

31:22


Chapter 18
Chapter 18

21:08


Chapter 19
Chapter 19

17:45


Chapter 20
Chapter 20

24:35


Chapter 21
Chapter 21

21:11