Phil Gram shows the decline in unemployment in the United States versus other countries. Dramatic, don't you think? What has the trillion dollar stimulus wrought? It was supposed to make unemployment seven percent, not hovering just below 10.Source: Phil Gramm's WSJ article, "Echoes of the Great Depression."
What is remarkable, exploding the pervasive myth that the New Deal saved capitalism, a pervasive and pernicious lie promulgated by left-wing academic historians--indeed, it's what UNH professor Robert Macieski taught me--is the following, by Hillsdale College historian Burton Folsom:
Let's start with the New Deal. Its various alphabet-soup agencies--the WPA, AAA, NRA and even the TVA (Tennessee Valley Authority)--failed to create sustainable jobs. In May 1939, U.S. unemployment still exceeded 20%. European countries, according to a League of Nations survey, averaged only about 12% in 1938. The New Deal, by forcing taxes up and discouraging entrepreneurs from investing, probably did more harm than good.
There are precious few heterodox historians like Dr. Folsom. The
groupthink among historians has been more profound than most realize. I
first learned about it several decades ago from the University of
Michigan Emeritus Professor Stehpen Tonsor; I think it was in his 1974 book
_Tradition and Reform in American Education_. In his huge department
there were fewer than a handful of Republicans.
I tried to read everything by Dr. Tonsor at the Dimond Library at UNH--the place where I received my best education. The classroom was disappointing. Craig Brandon explains why, giving us the Keene State College anthem put together by several students, representative of the ethos that hit me in the face like a custard pie.
I left West Point after two years with idealistic intentions of pursuing a life of the mind (I had a graphic image in my mind of reading Jane Austen's _Pride and Prejudice_ in the Bradley Fighting Vehicle with the grunts looking at me like I was an incompetent weirdo.) for this?
The Five-Year Party?
I tried to read everything by Dr. Tonsor at the Dimond Library at UNH--the place where I received my best education. The classroom was disappointing. Craig Brandon explains why, giving us the Keene State College anthem put together by several students, representative of the ethos that hit me in the face like a custard pie.
I left West Point after two years with idealistic intentions of pursuing a life of the mind (I had a graphic image in my mind of reading Jane Austen's _Pride and Prejudice_ in the Bradley Fighting Vehicle with the grunts looking at me like I was an incompetent weirdo.) for this?
The Five-Year Party?
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