Book Reviews

New Deal or Raw Deal

Burton Folsom, Jr - 2008

Each of the key programs is reviewed with an analysis of impact on people and the economy. It is hard to find a single initiative that had any sway bringing the economy back on track and in many cases the opposite occurred. It is almost comical the way those programs were conceived as if in a chemistry lab trying to experiment by combining chemicals.
The parallels between the actions of our government under Roosevelt and under the current administration are stark.

The New Deal was an overwhelming economic failure and today we are pursuing many of the same policies.

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