Hello young lads and ladies,
I want to take you through an adventure called the 1930s:
Once upon a time in a magical land there was a King (more like a dictator) name Franklin Delano Roosevelt who decided that the people were in some trouble (uh oh!)
So he decided (and pretty much he alone) that America (his magical land) needed a break from all of this turmoil. He decided to play a game of Monopoly with America (yay!)
In this game, people would get their pink dollar bills from the government because the government was the "good guy." They would exchange their fake Candy Land money (yes Candy Land) for real boy money! And FDR said that was okay because he was tired of seeing Americans have to work for a living (did i mention that the rest of the world was going through human rights violations and that was considered a normal time?)
This was all so much fun! The economy wasn't getting better but Queen Frostine on the other hand was having a lot of fun!
The typical day for an American was simple. They would go to one of their "alphabet soup kitchens" and work for something so UNCONSTITUTIONAL that Thomas Jefferson would have wept for hours. But none of that matters because, like FDR said, "the only thing to fear is sensible people themselves!" (yay!) FDR was the new king and he played this game by his own rules. So, if he wanted to INCREASE taxes (which makes alot of sense in a market where people dont have money), INCREASE federal debt and INCREASE RACISM (black people were often denied jobs, even if they were manual labor) then he should because he is Franklin Roosevelt!!
Without Adolf Hitler, Franklin would look like the worst president in history for it wasn;t until WW2 that there was any real economy. In fact, once WW2 ended, most of Roosevelt's "alphabet soup" grew dry and only a few remain.
In fact, I will go as far to say that FDR was the WORST PRESIDENT of the 20th century. Don't believe me: In 1932, when Roosevelt was elected, there were on relief 4,155,000 households, containing 16,620,000 persons. In 1940, eight years later, there were 4,227,000 households on relief, containing 16,908,000 persons. In this period farm employment fell off and has never recovered.
http://www.ety.com/HRP/rev/fdr.htm
http://mises.org/freemarket_detail.aspx?control=355
http://reason.com/archives/2004/10/01/bad-deal
http://www.debatepolitics.com/archives/1301-fdr-worst-president-history.html
The first one is the best
Thats my 2 cents
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