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Politics

Under FDR America tried socialism and the results - were predictable and terrible.

Posted: Mar 24th, 2020 - 6:51 pm In Reply to: Fact check - Not exactly

His policies pushed the unemployment rate from 6.9% to double digits for the entire decade of the 1930s.

FDR systematically destroyed business investment for 11 Years. His overreach of power was frightening.

Truman tried to reinstate the New Deal, using the Korean War as the excuse to nationalize the economy via wage & price controls, railroad takeover, commodities, industry, etc. Same Wilson/FDR crap.

Nobody talks about the recession of 1921 because the government did absolutely nothing and the economy bounced back on its own.

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