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    New Deal Never Solved Unemployment Crisis

    President-elect Barack Obama wants to blow at least $1 trillion, and probably more, on a New New Deal. Before he does, perhaps we should take a look at the real record of the Old New Deal on unemployment.

    75 Years Ago, Ford's Better Idea

    “A Conservative,” that anonymous scribe within Heritage, surfaces again for the second time in three days with a cautionary tale for the Big Three about Henry Ford, FDR and Big Government strings. This latest edition of New Common Sense, titled “Ford Faced Down FDR’s Blue Eagle,” reads as follows:   Out … More

    Government Spending Is Never the Answer

    A Christian Science Monitor article this morning argues that Roosevelt didn’t spend enough to jolt economy into recovery. Only when spending skyrocketed for World War Two did the economy recover (unemployment finally dropped, of course this was because everyone was mobilized either as soldier or to support the war effort … More

    The Return of Progressive Corporatism

    Could the current crisis usher in a new “New Deal”, with a new brand of corporatism to replace the free market system? Certainly European leaders are arguing that case. The current economic “crisis,” may itself have been caused by bad policy. Yet, is provides a great pretext for an expansion … More