Wednesday, January 14, 2009

Premises of the New Deal

Mike Rozeff reports:
Some of the New Deal’s programs were quickly discarded, but the New Deal survived. It lives on to this day. Every American president who followed FDR has strengthened the New Deal, and every new president will continue to do so. Once we spell out the basic premises of the New Deal, we can see why this is and why matters will not change without deep changes in thinking.

The New Deal fastened the U.S. economy in the chains of government control. Free markets were phased out. This was and is a work-in-progress occupying many years. Liberty remains in name only, as a remnant of past aspirations, primarily located in the gratifications of a circumscribed personal freedom.
You'll want to read this one.