Obama saying FDR was a fiscal conservative is kind of like Michael Moore calling Debbie Stabenow “svelte.” It’s a matter of personal perspective.

Even still, Obama’s really getting off the rails these days:

By way of direct comparison, Obama probably does consider FDR a fiscal conservative, and maybe based only on that one-on-one categorization he’s correct. But as a matter of sheer “big picture” reality, Obama’s way wrong:

No one grew the size of government, taxation and spending in peacetime the way Roosevelt did, Powell said.

“FDR tripled taxes and spending more than doubled from 1933 to 1940,” Powell said. “That was the biggest increase in peacetime spending in American history. Before that, the biggest increases in spending came during wars.”

Further, the New Deal did not bring the economy back and prolonged recovery, Powell said, as unemployment was still at 17 percent by 1940, before war spending began to pull the country out of the depression.

“There were a number of New Deal policies that make it harder and more expensive to hire people,” Powell continued. “Compulsory unionism made it more costly to hire people. The more expensive something is the less you get of it. The more you subsidize something, the more you have of it.”

Despite the $500 billion spent under FDR through various programs, the unemployment rate in the United States did not significantly decrease until after the U.S. officially entered World War II in 1941, according to Bureau of Labor Statistics (BLS) records from 1929 through 1944.

Does all that sound familiar? They obviously don’t teach history in law school.

Comments

8 Responses to “Obama: FDR Was a Fiscal Conservative”

  1. Marshall_Will on July 25th, 2011 7:04 pm

    Another sure sign Bammay has gone completely off his rocker. Look at the audience's response behind him. Not even carefully hand-picked minions are remotely buying his BS any more.

    But the real disconnect comes not in His re-writing history to suit his agenda as he sees fit that day? Hell, we've come to expect that. More that he's contorting reality to mesh w/ the rusty gears in his twisted brain.

  2. SignPainterGuy on July 25th, 2011 7:25 pm

    All I can say is, I`m tickled that his bs is falling flat for more and more people. Add in today`s announcement by Steve King (?) that if Oblameless allows the country to go into default, he WILL be impeached ! If that`s not an attention getter, I don`t know one !

  3. Joe Redfield on July 25th, 2011 10:03 pm

    Law schools? They don't teach history in any schools nowadays, at least not any public schools.

  4. SignPainterGuy on July 25th, 2011 10:32 pm

    "Histrionics" is more the law school version !

  5. cdl on July 25th, 2011 11:55 pm

    Jiminy Christmas! The guy really has gone off his rocker.

    I thought maybe he had confused FDR with JFK until I watched the video.

    Somewhere in China there's a general asking himself, "Maybe now is the time to invade. Cause that bastard is dumber than a sack of hammers."

  6. currencywidget on July 26th, 2011 12:10 am

    Sort of like Gerry Ford saying in 1976 that there was no Soviet domination of Eastern Europe and would not be in a Ford administration.

  7. Hyperfobea on July 26th, 2011 9:23 am

    Never have I seen on parade and in power a more shameless (and malignant) case of narcissism. Obama behaves like some snotty Hollywood *celebrity*. We may as well have Barbra Streisand in the White House for all the condescenion, self-righteousness, egomanical ambition, narrow-mindedness, sheer ignorance, et al, ad nauseam.

  8. Dexter_Alarius on July 29th, 2011 12:47 pm

    Even Hank Morganthau finally fessed up, saying that all the Keynesian spending didn't work. It just massively increased debt. We'd have been pulling out of this recession by now if not for the 'Stimulus' bill, and other business-hostile legislation and policies from the Donks.

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