Myths About The New Deal and How We’re Repeating History with Our Liberal Monopoly in The Us Government
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Contrary to the leftist myth in our mainstream media, the New Deal put this country down the tubes.
The New Deal was when we had one of the biggest governments in history. The liberal mainstream media claims that it helped end the Great Depression. The truth is that the New Deal made the Great Depression even worse. During the Great Depression, Franklin Roosvelt raised taxes on individuals and corporations to fund his stupid government programs. He was creating one of the biggest Socialist nanny state in history. The Foundation for Economic education [FEE] states that:
With the dramatic rise in government spending on public works, farm subsidies, and various relief programs, the top income tax rate skyrocketed from 24 percent in 1929 to 79 percent in 1935. In 1941 FDR even proposed raising the top rate to 99.5 percent on all income over $100,000 (but ended up settling for 90 percent). Not surprisingly, entrepreneurs were stifled and refused to invest and have their capital confiscated. Unemployment under the New Deal never dropped below 14 percent and averaged over 17 percent.
As the Great Depression persisted, even Treasury Secretary Henry Morgenthau admitted that the New Deal had been a failure. On May 6, 1939, he confessed, “We are spending more than we have ever spent before and it does not work. . . . We have never made good on our promises. . . . I say after eight years of this Administration we have just as much unemployment as when we started. . . . And an enormous debt to boot!”
The new deal made the Great Depression worse. Do you want to know what else made the Great Depression worse? A little thing called tariffs, which is a tax on goods coming in to our country [America] and discourages trade.
Repeat of the New Deal
Right now, President Obama and the crazy Democrats in congress are seeking to turn America into a Socialist nanny state, where the nannies [our government bureaucrats] make stupid decisions in the economy and on foreign policy.
Our great nation America is going down the tubes. Washington DC is becoming Idiot DC.
Obama plans to have universal health care and government programs like on global warming “research” where the liberal greenies will say that those who don’t blindly believe in man-made global warming are against the scientific community, which has a “consensus” saying that it’s there. Guess what? 31,000 scientists signed the Oregon petition, which challenged the man-made global warming ”scientific” theory [more like religion]. Sure, some of you liberals out there will try to tell me that they’re not scientists, but Christian Fundamentalists. Two problems with that is that they’re not Christian Fundamentalists and that the real Fundamentalists in science are the ones who blindly believe [sure I will not say anything about everyone who believes in man-made global warming] in man-made global warming. They are the real Fundamentalists, in how they behave and act. They claim that they’re being scientific, but if so, then they’ll listen to the evidence on the other side. That’s the kind of global warming “research” we will have in the Stimulus plan, where all the Al Gore kooks are the absolute truth no matter what and where whoever says otherwise is attacking the scientific community.
The Stimulus plan include other silly things that have nothing to do with the economy like foot odor research, tattoo removal and research on the genetics of grapes. Way too much money is spent on all three of those projects, as well as other stupid projects that have nothing to do with the economic crisis. The Stimulus plan is really there to have bigger government and to impose Socialist control on America.
Many things in the stimulus bill are silly things. The Stimulus bill is really a plan [at least a big part of it] for the liberal Democrat congress and President Obama to impose a far-left Socialist agenda. It is really an attempt by the Democrat Beaurocrats to weaken the private sector and impose government control on our economy. We have trillions of dollars in deficit and people losing their jobs. Yet the Obama administration and the liberal Democrats in our congress will spend millions or billions on very stupid little things, as well as raising taxes from those who make more than $250.000 a year [that's what Obama said in his election campaign, but Obama's plan is worse since he will actually raise the taxes of those who make more than $208.000 a year]. That means that if they want to start a business, then they’ll have less money to hire employees and less money to spend on the private sector. Throughout his campaign, Obama tries make those who make more than $250.000 a year as the same as ones who make millions or billions. Obama lumps them as the “rich” [making a little more than $250.000 a year doesn't make people rich, but still in the Middle Class]. Instead of having the rich use it to strengthen the private sector or start a business and hire more employees, Obama and the Democrat Beaurocrats will raise their taxes for stupid government programs. Obama and the Democrat congress will spend billions on every stupid little thing even while we have trillions of dollars in deficit. The Stimulus plan will create another trillions of dollars in deficit, spending the money on many stupid programs.
Conclusion
The lesson here is that Socialism is a complete failure. Raising taxes, on anybody [yes even the rich] is a always a bad idea, especially during an economic crisis. America needs to come back to its Capitalist roots. Give money to the people, not to these stupid programs nor to the government Bureaucrats. Even in the Cold-war, America fought for Capitalist freedom. Our nation [America] was built on Capitalist freedom. America is in desperate need of a Capitalist restoration. Sure, Capitalism is not perfect, but it is the best economic and most productive system out there. It is what America was built upon.










