3 ms·
Sorry to break it to you but your analysis is totally wrong. You don’t really put forth any reasons as to why the new deal was a failure, you just say it is. Li
by hmmokidk 6y ago
Sorry to break it to you but your analysis is totally wrong. You don’t really put forth any reasons as to why the new deal was a failure, you just say it is. Living people experienced the success of the new deal, which is why it is such a powerful phrase. If you’re going to reject reality you’re at least going to need a source or an argument.
- nickik 6y agoIf you want to base your claims about what we should do in the future on totally arbitrary analysis of the mood of people in the past based on a competently unrepresentative analysis then that I can't stop you. Again, the Gold standard is what mattered the most and the New Deal got credit for a lot of that. This is pretty much the opinion of the waste majority of economics study on the this subject and fits in with global story of the Depression. Rather then a incredibly narrow US focused explanation political history wants to tell you. FDR got credit because he took over the administration right on the global back-swing and he used the opportunity to politically redefine the country. That is why it is remembered so well, much more then actual experience reports from back then. Why mass destruction of food, stopping the recovery and being declared unconstitutional does not count as a failure is beyond me.