Skip to comments.Obama Says FDR Was "Fiscally Conservative"
Posted on 07/25/2011 9:41:18 AM PDT by Freemarkets101
In response to a question regarding the poor state of the economy, President Obama asserted that FDR was "fiscally conservative" - you know, that executive powerhorse who, arguably, established the welfare state.
Whaa? Obama has made a bountiful share of asinine comments, but this one is beyond laughable. Quick note: FDR was the master inventor of the "New Deal," which uplifted a slew of new programs (at high price tags): the NIRA, the CCC, the TVA, the FDIC, the PWA, the NLRA, the WPA, the SSA, need I go further?
FDR is responsible for claiming a generous portion of the government program acronyms, which has made it difficult for later spendthrift presidents. Obama should be pissed.
Here are some of the President's comments:
Obama was referring to spending-cut measures Roosevelt took in the middle of the New Deal that lasted from 1933 to 1940.
FDR comes in, he tries all these things with the New Deal; but FDR, contrary to myth, was pretty fiscally conservative, the president said Friday during a town hall meeting on the campus of the University of Maryland.
And so after the initial efforts of the New Deal and it looked like the economy was growing again, FDR then presented a very severe austerity budget, Obama continued. And suddenly, in 1937, the economy started going down again. And, ultimately, what really pulled America out of the Great Depression was World War II.
Now we all know why Obama said what he did. First, he as always likened himself to FDR, so paying FDR a compliment is like paying himself a compliment.
His second reason was strategic, because saying FDR was "fiscally conservative" is saying that he himself is able to spend recklessly on New Deal-type programs while, at the same time, maintaining fiscal prudence. In political rhetoric land, it's a win-win.
compared to Obama, he was !
Compared to Barack Obama, Franklin Roosevelt WAS fiscally conservative.
Dang nabit, beat by 26 seconds! Well played
Obama is a moron.
of course Obama thinks FDR was conservative.. to Obama, FDR didn’t spend money, he “invested” wisely.
When you have never had a course in American history and have a great deal of contempt for our country (and have been grades-adjusted by affirmative action), you too would believe that FDR was conservative. Yeah for Affirmative Action and gross stupidity!
Obama is a dumbass. that is all there is to it.
He was never taught HOW to think, only WHAT to think.
He knows one solution, and applies it to every situation- Government spending of rich peoples money.
FDR had the Civilian conservation Corps, Obama just lets people squat in their houses and not pay for them.
..he also say’s he was born in Hawaii.
So is he stupid, insane or evil?
Pick any two.
Compared to Barry, he was . . . . . Oh, nuts, too slow again!
Obama is itching for a confrontation.
He must be smoking the really good stuff.
But Obama will say & do anything he can to undermine the America that we believe in. He demanded change; he had tens of thousands of middle-class Americans chanting like Nazis in Nuremberg, in staccato unison, their affirmation of that change. By contrast, FDR almost comes across as a patriot.
There is nothing more important to the survival of what is left of the America of the founders, that we retire this demagogue in 2012, and undo every wrong that he has thus far accomplished at our expense. But he will not go away quietly.
Compared to a Marxist like Obama, all previous presidents were fiscally conservative, except for maybe Woodrow Wilson.
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