New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America On Sale

Title : New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America
Category: Political
Brand: Folsom, Burton W., Jr.
Item Page Download URL : Download in PDF File
Rating : 4.4
Buyer Review : 248

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A sharply critical new look at Franklin D. Roosevelt's presidency reveals government policies that hindered economic recovery from the Great Depression -- and are still hurting America today.

In this shocking and groundbreaking new book, economic historian Burton W. Folsom exposes the idyllic legend of Franklin D. Roosevelt as a myth of epic proportions. With questionable moral character and a vendetta against the business elite, Roosevelt created New Deal programs marked by inconsistent planning, wasteful spending, and opportunity for political gain -- ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life.

Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy. Many government programs that are widely used today have their seeds in the New Deal. Farm subsidies, minimum wage, and welfare, among others, all stifle economic growth -- encouraging decreased productivity and exacerbating unemployment.

Roosevelt's imperious approach to the presidency changed American politics forever, and as he manipulated public opinion, American citizens became unwitting accomplices to the stilted economic growth of the 1930s. More than sixty years after FDR died in office, we still struggle with the damaging repercussions of his legacy.


Review :
Definitely a Raw Deal
Burton Folsom's New Deal or Raw Deal? is a timely, informative and captivating read on the destructive economic policies on the Franklin Delano Roosevelt Administration. This book is a valuable addition to the growing number of books on how government intervention, not free markets, plunged the United States deep into the Great Depression.

Folsom corrects many common misconceptions about the New Deal and the Great Depression in this book. The first misconception is that President Hoover was a principled advocate of laissez-faire capitalism. In fact, Folsom argues, Hoover was a big government Republican. Consider the Smoot-Hawley Act, which imposed unprecedented tariffs on thousands of imported items. Not only did this drastically increase the prices of U.S. imports (hurting U.S. consumers), but it also encouraged European nations to impose retaliatory tariffs on U.S. exports (hurting U.S. producers.) Furthermore, Hoover responded to the early onset of the Great Depression...
Please, no more new deals
Folsom has delivered a book that is tough to put down. While flying to a conference the other day, I was reading New Deal or Raw Deal and telling my friend (who was reading another book) how great Folsom's book is and talking about some key points brought up by Dr. Folsom. I left my seat for a moment; when I returned, my friend was reading Folsom's book, and I had a hard time getting it back.

Roosevelt helped create major rifts between those who were wealthy and those who were poor and middle class. He even indicated he did that to win the election rather than pursue what was best for the country. He tried to stack the Supreme Court and used the IRS to harass his major critics.

I've had to remind myself repeatedly that this is not a fictional work and that it is about a president in the USA rather than a dictator in some distant country. For example, the New Deal's birth of the National Industrial Recovery Act of 1933 was bizarre. "It allowed American...
Should be Mandatory Reading for Every Citizen!
I'll confess to not being a fan of big government so I was prepared to be receptive to a harsh assessment of the New Deal. However, I was not prepared for the scathing indictment armed with facts, logic, primary source quotes and data that constitute this powerful book.

The book is hard to put down even as you recoil in horror at the lunatic economic policies of the era and the blatant turn to fascism. If you tried to design a program to extend the Great Depression indefinitely, you could have done little better than FDR did. The economic incompetence and unintended consequences which are detailed in all their frightening glory is mind boggling, but it is only part of the story.

The book also demonstrates the endemic political patronage and vote buying that resulted from the concentration of money and power in the hands of the federal government. State and local politicians who supported Roosevelt were rewarded with a cascade of federal dollars, those who opposed...

The Woman Behind the New Deal: The Life and Legacy of Frances Perkins, Social Security, Unemployment Insurance, Get Rabate

Title : The Woman Behind the New Deal: The Life and Legacy of Frances Perkins, Social Security, Unemployment Insurance,
Category: Political
Brand: Anchor
Item Page Download URL : Download in PDF File
Rating : 4.6
Buyer Review : 129

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“Kirstin Downey’s lively, substantive and—dare I say—inspiring new biography of Perkins . . . not only illuminates Perkins’ career but also deepens the known contradictions of Roosevelt’s character.” —Maureen Corrigan, NPR Fresh Air
 
One of Franklin Delano Roosevelt’s closest friends and the first female secretary of labor, Perkins capitalized on the president’s political savvy and popularity to enact most of the Depression-era programs that are today considered essential parts of the country’s social safety network.

Frances Perkins is no longer a household name, yet she was one of the most influential women of the twentieth century. Based on eight years of research, extensive archival materials, new documents, and exclusive access to Perkins’s family members and friends, this biography is the first complete portrait of a devoted public servant with a passionate personal life, a mother who changed the landscape of American business and society.

Frances Perkins was named Secretary of Labor by Franklin Roosevelt in 1933. As the first female cabinet secretary, she spearheaded the fight to improve the lives of America’s working people while juggling her own complex family responsibilities. Perkins’s ideas became the cornerstones of the most important social welfare and legislation in the nation’s history, including unemployment compensation, child labor laws, and the forty-hour work week.

Arriving in Washington at the height of the Great Depression, Perkins pushed for massive public works projects that created millions of jobs for unemployed workers. She breathed life back into the nation’s labor movement, boosting living standards across the country. As head of the Immigration Service, she fought to bring European refugees to safety in the United States. Her greatest triumph was creating Social Security.

Written with a wit that echoes Frances Perkins’s own, award-winning journalist Kirstin Downey gives us a riveting exploration of how and why Perkins slipped into historical oblivion, and restores Perkins to her proper place in history.Book Description
Frances Perkins is no longer a household name, yet she was one of the most influential women of the twentieth century. Based on eight years of research, extensive archival materials, new documents, and exclusive access to Perkins’s family members and friends, this biography is the first complete portrait of a devoted public servant with a passionate personal life, a mother who changed the landscape of American business and society.

Frances Perkins was named Secretary of Labor by Franklin Roosevelt in 1933. As the first female cabinet secretary, she spearheaded the fight to improve the lives of America’s working people while juggling her own complex family responsibilities. Perkins’s ideas became the cornerstones of the most important social welfare and legislation in the nation’s history, including unemployment compensation, child labor laws, and the forty-hour work week.

Arriving in Washington at the height of the Great Depression, Perkins pushed for massive public works projects that created millions of jobs for unemployed workers. She breathed life back into the nation’s labor movement, boosting living standards across the country. As head of the Immigration Service, she fought to bring European refugees to safety in the United States. Her greatest triumph was creating Social Security.

Written with a wit that echoes Frances Perkins’s own, award-winning journalist Kirstin Downey gives us a riveting exploration of how and why Perkins slipped into historical oblivion, and restores Perkins to her proper place in history.

Amazon Exclusive: Kirstin Downey on Frances Perkins

Housing prices had been pumped up by crazy new kinds of loans, and foreclosures of homes and farms were surging as borrowers faltered under the payments. Companies had enjoyed record profits and ploughed the money into machinery designed to boost productivity, cutting their workforces. The unemployment rate skyrocketed. Companies slashed the wages of the remaining workers, and asked them to work longer and longer hours. And then Wall Street imploded as the stock market crashed.

This was the scenario Franklin Delano Roosevelt faced as he entered the presidency in 1933.

An era of rampant speculation had come to an end. A women stepped in to put things right.

FDR turned to a long-time friend for guidance about how best to proceed, and asked her to join his Cabinet as Secretary of Labor. The middle-aged woman, a social worker named Frances Perkins, had spent a lifetime preparing for the job. She had studied economic boom and bust cycles, and knew they were a recurring pattern in modern industrial economies. She had a vision for how to blunt the worst of the hardship that American families were suffering, until business recovered again on its own.

She proposed a system of unemployment insurance, so that when workers lost their jobs through no fault of their own, they would have some income to keep their families fed while they looked for new jobs. Senior citizens had lost their life savings as real estate values fell and the stock market tumbled, and they needed some sort of income support, some kind of social security, when they grew too old to work. Employed people were stumbling under long work hours. She advocated the creation of a 40-hour workweek and a minimum wage. Companies were hiring teenagers instead of adults to save money, and she thought the time was ripe to place new restrictions on child labor.

“Nothing like this has ever been done in the United States before,” she told him. “You know that, don’t you?”

Within weeks she would head to Washington, D.C. by his side. The challenges they would face would be great. The conservative Supreme Court, businessmen, free-market ideologues and even some labor leaders would oppose them. They would try to block her work. They would argue that the poor should be left to fend for themselves. They would savage Frances’s reputation, they would eventually try to impeach her.

But she would not give up.

Frances Perkins, the first woman to take a position in the top tier of federal government, would succeed. The institutions she created would help future generations cope with the recurring economic downturns that she had predicted would come again. Her extraordinary achievements make her one of the most influential women of the twentieth century, one whose legacy should be widely celebrated. --Kirstin Downey

(Photo © Evan Giordanella)

Review :
Gives a fully rounded portrait of this complex woman and makes a good case for her relevance in today's world
In this age when Presidential cabinet members come and go almost with the frequency of auto salesmen, several generations of politics watchers have grown up pretty much ignorant of the name Frances Perkins.

Her time in the national spotlight was brief --- the 12 years of Franklin Roosevelt's presidency. As FDR's Secretary of Labor she was especially prominent during the years 1933-1940, when domestic concerns were on the front burner and she played a leading role in pushing for such causes as the Social Security Act, wage and hour laws, immigration reform, workplace safety, the right of workers to organize, pensions, welfare and old-age insurance. When World War II erupted, she was less often in the news but still active in matters like pushing for admission of Jewish refugees into the U.S. As the first woman ever to serve in a President's cabinet, she was subject to blatant sexist attitudes and scurrilous rumors not only from know-nothing outsiders but also from her own...
A fascinating, wonderful book about an important woman...
As an American History teacher high school teacher, all my texts include a sidebar, or mention of sorts, about Frances Perkins. This book exceeded all my expectations, and I found myself breathless (?) as I raced to read more! In fact, I almost had a sick feeling of what would have happened if I hadn't read this book, a kind of "near miss," for it is that good. For a history teacher of 20+ years, I count it in my top 5 books or educating me about a person's impact on history. Even after reading it, I went back and learned about how Downey sleuthed to find all the details about Perkins--a feat that allows us to understand an appreciate her subject's life.

The pivotal role of Perkins' accomplishments begins with her ties to the suffrage movement and crusade for better labor laws--as she herself said--"I'd rather have laws than a union." It highlights her close relationship with Florence Kelley, but also the New York of Tamany Hall, and the ins and outs of Albany politics...
I'm glad someone wrote this book
This book should have been written years ago. Really. Being Sec. of Labor for 13 years is a big deal and should be considered one. Unfortunately, Perkins is the butt of too many jokes in DC "in labor for 12 years and gave birth to nothing!" and that god-awful ugly building over 395.

It's great to think that we once had someone better versed in social work than a lawyer as Sec. of Labor. Washington had a heart back then.

The thing that bothered me about this book is that the author seems to have completely bought into the rivalry - albeit, one-sided - between Perkins and Eleanor Roosevelt. I don't think Eleanor was aware of it. And I don't think it was a rivalry until later in life. There was then and is now, room for two prominent women, not just one. I don't think a comparison between a bureaucrat and a First Lady is an apt one. It's as if Eleanor Roosevelt is a dragon this author must slay to reveal Perkins' contribution. They had a lot of things in...

New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America 1st (first) Edition by Folsom, Burton W. Jr. published by Threshold Editions (2008) Hardcover Get Rabate

Title : New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America 1st (first) Edition by Folsom, Burton W. Jr. published by Threshold Editions (2008) Hardcover
Category: Political
Brand: Threshold Editions
Item Page Download URL : Download in PDF File
Rating : 5.0
Buyer Review : 3









Review :
A Great Must Read

It will scare you to learn how FDR did NOT get us out of the Depression, and how BOTH parties are cleaning our pockets to make this nation so indebted to other countries. This should be a must read, but our degenerate education system has been too busy brainwashing our children to allow truth into the education system. It will make you read Washington's Farewell Address. Learn how votes have been bought and paid for since FDR.

Five Stars

Excellent read.

Five Stars

If you can't handle being self sufficient, let big brother run your life

New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America 1st (first) Edition by Folsom, Burton W. Jr. published by Threshold Editions (2008) Hardcover Get Rabate

Title : New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America 1st (first) Edition by Folsom, Burton W. Jr. published by Threshold Editions (2008) Hardcover
Category: Political
Brand: Threshold Editions
Item Page Download URL : Download in PDF File
Rating : 5.0
Buyer Review : 3









Review :
A Great Must Read

It will scare you to learn how FDR did NOT get us out of the Depression, and how BOTH parties are cleaning our pockets to make this nation so indebted to other countries. This should be a must read, but our degenerate education system has been too busy brainwashing our children to allow truth into the education system. It will make you read Washington's Farewell Address. Learn how votes have been bought and paid for since FDR.

Five Stars

Excellent read.

Five Stars

If you can't handle being self sufficient, let big brother run your life