RichClem » 15 Jan 2014 1:38 pm wrote:
FDR's leftist policies deepened and extended the Great Depression.
As most economists now agree.
Which is why liberals avoid their opinions and cite historians, social activists or political commentators instead. Why not cite plumbers or auto mechanics?
Starting at the beginning with hours worked, the figures don't take into account the dust bowl, which was an enormous national disaster that displaced tens of thousands of families and threw hundreds of thousands out of work. This disaster resulted in regular dust storms of such magnitude that at least one made it to the Atlantic Ocean. If you measure Haiti's paid hours worked before the recent earthquakes and contrast them against hours worked immediately following the earthquake, you would be making a dishonest comparison.
Now, Haiti is a small island nation that was devastated in a major population center, and we are a much larger nation that experienced family farmers in one region crushed. So clearly, Haiti is a more extreme example - but that's what makes it nicely illustrative of the point I am making: There are apples and oranges to be considered in your example.
Then there is the assumption that, but for FDR's policies, the private sector hours worked between 30 and 32 were slated to remain stable or improve. On what is that based? When had we seen a crash as devastating as 1929? And which infrastructural projects undertaken in the new deal era resulted in net negative hours worked? It does not seem from your link that the infrastructural projects which we lefties tout had any negative impact on hours worked - quite the reverse.
In spite of the bold red headlines, your link is a refutation of a few select policies that do in fact seem to have been unwise - and NOT a refutation of the great bulk of FDR's reforms, most of which remained intact and served the nation well right up to the 1980s, after which they were systematically chipped away at until we are once again into devastating boom and bust cycles which have required multiple bailouts and caused people to lose their private pensions.