You say the New Deal didn't work? Prove it

[bridgit]

'You love certainty.

Even when it turns out to be wrong, most of us love the sound of a voice speaking with inspired conviction.

Which brings me to a bit of bombast one hears over and over from the usual suspects--Rush Limbaugh, George Will, Charles Krauthammer and others who declare that Franklin Roosevelt’s New Deal didn’t end the Great Depression. World War II ended the Great Depression, they cry in harmony, and so we shouldn’t buy into President Obama’s stimulus spending plan.

If you set aside the historical truth that unemployment declined nearly every year of Roosevelt’s administration, this argument makes a certain sense to dewy-eyed children growing up among Republicans, because WWII changed damn near everything. It was a conflagration--outrageous chaos melded to unprecedented technology—and it swept Hitler off the world stage.


As a by-product, so the theory goes, it birthed the greatest economic juggernaut the world has ever seen, the U.S. post-war economy. So, the New Deal was beside the point, the argument runs, and one should resist Obama’s massive spending program, which is nothing but warmed over New Deal socialism they inform us with condescension dripping.

In order to spot the central fallacy of this argument, however, one need only play throw-and-catch with the following common sense question:

What in heck was WWII if not a massive government spending and employment program married to unparalleled protectionism?

Yes, yes, it was a war against Nazi-ism and so on, but when it comes to the key question of its effect on the U.S. and global economy, the U.S. war effort was the last word in Keynesian economics, government spending and protectionism—socialism if you will—long as we’re bandying about that hot-button word.

Honest, what was World War II if not the ultimate jobs-programs? Hundreds of thousands of American men were drafted into the military, and Rosie the Riveter’s job at the airplane factory was funded by fat government contracts paid for by tax dollars and federal deficits.

Face it. Nothing is more socialistic than the military culture, where you have men and women living in government housing, driving government jeeps, tanks, planes and boats, shooting government guns, eating government food, wearing government clothing and partaking of government healthcare. Everyone’s pay falls within well-defined boundaries, so the staggering inequities in pay—the kind dragged into the light by so many Wall Street scandals--scarcely exist in the military.'

http://www.opednews.com/articles/You-say-the-New-Deal-didn-by-Don-Williams-090401-124.html