Mind and Destiny

“I make no pretension to patriotism. So long as my voice can be heard ... I will hold up America to the lightning scorn of moral indignation. In doing this, I shall feel myself discharging the duty of a true patriot; for he is a lover of his country who rebukes and does not excuse its sins. It is righteousness that exalteth a nation while sin is a reproach to any people.”- Frederick Douglass

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Location: Delhi, N.Y., United States

The author and his webmaster, summer of 1965.

Tuesday, November 29, 2016

Darkest Days


After the 1929 stock market collapse, Republican President Hoover and Republican Senators insisted on a strict spending freeze that resulted in an unemployment rate of 25.9 percent by 1933, when FDR became president.

In 1932, a large group of WW I veterans pressured their government to change the date their bonus certificates would be paid.  Those certificates were promised to veterans in 1924 as a bonus for war service, but they were not payable until 1945.  A bill to pay those benefits early was rushed through the House, but blocked in the Republican controlled Senate.

Hoover became annoyed with the so-called Bonus Army of protesters, that had set up a large camp, they named Hooverville on the Anacostia Flats not far from DC.  He ordered the Army to clear out the protesting veterans.  Infantry and cavalry troops, under the command of Colonel Douglas Mac Arthur, fixed bayonets and hoisted sabers, and rolled over the Bonus Army encampment using tear gas, fire, and forceful persuasion.

Republicans have a difficulty explaining the fact that FDR, who eventually died in office, was elected president four times by a grateful electorate, so they’ve resorted to distorting history.  

After President Obama’s $787 billion economic stimulus package passed the Senate with the help of 3 Republican Senators.  Congressional Republicans attempted to rewrite history by condemning FDR’s New Deal.

Republican Congressman Steve Austria of Ohio criticized Obama’s stimulus plan by claiming: “When President Franklin Roosevelt did this, he put our country into a Great Depression.  He tried to borrow and spend.  He tried to use the Keynesian approach and our country ended up in a Great Depression.  That’s just history.”

The Great Depression followed the stock market crash of 1929.  FDR became president in March of 1933, when unemployment was already down to 24.9 percent. 

2 Comments:

Blogger Luke said...

The other distortion the Republicans continue to say, is the great depression was ended by WW II. Not true.

9:35 AM  
Blogger Jim O'Leary said...

In 1936, FDR Roosevelt won the greatest electoral landslide since the beginning of the current two-party system in the 1850s, carrying all but 8 electoral votes. The New Deal was working and it was obvious that trickle down economics, spending cuts that the Hoover administration had been promoting hadn't worked.

WWII required much more government spending on jeeps, trucks, cannons, munitions,ships, planes, and eventually on an atomic bomb. Women were needed to work in our factories. Taxes were raised on the very wealthy, and civilians purchased war bonds. Consequently, WWII did help end WWII, but the recovery started with the New Deal.

2:38 PM  

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