Tag: New Deal

Income Inequality, Faulty Reasoning, & Bad Policy

  

We’re hearing a lot of talk again lately about income inequality. President Obama, in what I believe is an attempt to take the focus off the failure of his signature healthcare law, has come out swinging against those who succeed too much. The impression he wishes to leave is that the reason some are doing poorly is because others are too successful. This is an old ploy. It goes back to Karl Marx, at least, who theorized that the rich… Read more »

A Historian’s Perspective on Bad Times in American History

  

I don’t think there’s really any disagreement about how pessimistic the majority of Americans are about the future. Currently, all the polls reveal that pessimism.  As I survey the scene—the spiritual/moral, political, and cultural aspects [what does that leave?]—I have grave concerns as well. I plan to expound on those concerns in tomorrow’s post. But for now, I’d like to offer a historian’s perspective. Since I teach American history, I have a more in-depth knowledge of what has transpired previously…. Read more »

Presidential Dictatorship

  

There was a time in the 20th century when it appeared that a president was setting up a virtual one-man/one-party rule. That time was the 1930s; the president was Franklin Roosevelt. He took office in the midst of the Great Depression and immediately began signing bill after bill to ostensibly take care of the disastrous economy. Many of the bills he signed had new agencies attached to them. They were called his Alphabet Agencies, and his New Deal marked a… Read more »