Republicans’ Latest Talking Point: The New Deal Failed





On Christmas Eve, the conservative pundit Monica Crowley argued on Fox News that instead of rescuing America from the Great Depression, Franklin Roosevelt’s spending on public works made it worse. She insisted that this bizarre claim was confirmed by “all kinds of studies and academic work.”

The show’s host backed her up. “Yes,” said Gregg Jarrett, “I think historians pretty much agree on that.” In the same vein, a recent Wall Street Journal opinion piece said F.D.R. helped turn “a panic into the worst depression of modern times.” Now, as Congress begins to debate President-elect Barack Obama’s ambitious economic stimulus plan, this anti-New Deal talking point is popping up all over.

Conservatives have railed against the New Deal from the start...


comments powered by Disqus

Subscribe to our mailing list