Originally Posted by
hoosier
Originally Posted by
Patler
What? No one with memories of FDR?
I think his omission was politically motivated. If you include FDR and Hoover in this poll, then you have the #1 and dead-assed last in back-to-back presidencies.
First of all, when Shadow started the thread, he said presidents "in your lifetime" (paraphrased). To be a contemporary of FDR, you'd have to be ...... just two years older than me, but to have been old enough at the time of his New Deal legislation to know what was going on, you'd have to be well over eighty, and probably not spending much time on the internet.
More importantly, you, Hoosier, are dead-assed wrong--not to mention politically motivated. Hoover was a victim of the dust bowl and stock market margin rules that pre-dated his presidency. FDR's policies did NOT cure the Great Depression. Arguably, they made it last longer (I will, however, give him credit for relieving some people's suffering). It was World War II that finally got us out of the Depression.
Why did FDR's New Deal spending frenzy NOT trigger Keynesian success? Well, for one thing, it was accompanied by a lot of onerous regulations that stifled business and tended to counteract the stimulus--hopefully, Obama doesn't go down that road. For another thing, FDR in fact, DID raise taxes--also counteracting the stimulus of the spending. Most importantly, though, was the non-political aspect--the drought and wind following farming methods that depleted soil in key crop-raising parts of the country.
Basically, if you go back to the Hoover Administration, Hoover was far from the worst president, and FDR was far from the best.