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Download New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America Audiobook (Unabridged)

Extended Audio Sample New Deal or Raw Deal?: How FDRs Economic Legacy Has Damaged America (Unabridged), by Burton Folsom
4 out of 54 out of 54 out of 54 out of 54 out of 5 4.00 (403 ratings) (rate this audio book) Author: Burton Folsom Narrator: Alan Sklar Publisher: Tantor Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date:
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In this shocking and groundbreaking new book, economic historian Burton Folsom, Jr., exposes the idyllic legend of Franklin D. Roosevelt as a myth of epic proportions. With questionable moral character and a vendetta against the business elite, Roosevelt created New Deal programs marked by inconsistent planning, wasteful spending, and opportunity for political gain---ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life. Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy. Many government programs that are widely used today have their seeds in the New Deal. Farm subsidies, minimum wage, and welfare, among others, all stifle economic growth---encouraging decreased productivity and exacerbating unemployment. Roosevelt's imperious approach to the presidency changed American politics forever, and as he manipulated public opinion, American citizens became unwitting accomplices to the stilted economic growth of the 1930s. More than sixty years after FDR died in office, we still struggle with the damaging repercussions of his legacy. Download and start listening now!


Listener Opinions

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Jpavalock | 2/7/2014

    " History class just didn't go into detail about how destructive the Roosevelt administration really was. We learn dates, and about the war, but not much about the destructive and unconstitutional policies of the 1930's and just how they prolonged the depression. Then they all say it was the war that brought us out, but actually Congress cut taxes and regulations to unleash the American spirit and look at the boom that followed! "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 by Bonnie | 1/23/2014

    " This book is fascinating. It made me so angry, and a lot of the stuff I knew in principle, but it was interesting to read the details, and I learned so much! This should be required reading--it really explains how we got from the founding fathers to the huge government we have know. This is definitely worth reading. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 by Pam | 1/18/2014

    " Extremely well written and takes a critical look at the long term affects of over regulation and the unprecedented power grab. A must read regardless of your political angle. Eye opener. "

  • 1 out of 51 out of 51 out of 51 out of 51 out of 5 by Dillon | 1/12/2014

    " misleading, inaccurate use of statistics and lack of detail in his citations. "

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