Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site ccice5.UUCP Path: utzoo!watmath!clyde!burl!ulysses!allegra!bellcore!decvax!genrad!panda!talcott!harvard!seismo!rochester!ritcv!ccice5!rdz From: rdz@ccice5.UUCP (Robert D. Zarcone) Newsgroups: net.politics.theory Subject: 1933 and Roosevelt, discussion wanted? Message-ID: <705@ccice5.UUCP> Date: Fri, 1-Mar-85 11:08:05 EST Article-I.D.: ccice5.705 Posted: Fri Mar 1 11:08:05 1985 Date-Received: Mon, 4-Mar-85 07:41:30 EST Distribution: net Organization: CCI Central Engineering, Rochester, NY Lines: 17 It has been very fashionable lately for the right-of-center crowd to praise Roosevelt as a great president (something we left-of-centers' have known all along!). But there is no evidence they would act any differently than Hoover did. (Too little government intervention, too late). I throw these statistics of 1933 out for discussion: 1. 1/4 of the work force was unemployed 2. the wage rate was 3/4 that of 1929 3. 1/5 of the nations banks had failed 4. prices were 3/4 their 1929 level Roosevelt was trying to solve all these problems *without* deficet spending (contrary to popular thought) and without the real socialism Huey Long was getting growing support for. Anyone want to take this any further? *** REPLACE THIS LINE WITH YOUR MESSAGE ***