FDR didn’t just pull us out of the Depression. He fundamentally altered economic/banking/political rules so it wouldn’t happen again. Several decades ago we started dismantling some of the very protections that FDR created, so crony capitalists could party more. And here we are.

Mar 18, 2020 · 3:37 PM UTC

333
5,796
334
27,809
Load newest
Replying to @marwilliamson
FDR lengthened the Depression and increased its severity. Check out the Forgotten Depression of 1920-22 to compare and contrast results and policies.
1
Replying to @marwilliamson
Today we have officially lost everything we have gained since Trump took office
1
Replying to @marwilliamson @kishineff
Sounds like he wasn’t very effective in the long run. You can’t reform capitalism for long before the capitalists gain control again. You have to smash it.
2
Replying to @marwilliamson
This is just painfully wrong.
1
Replying to @marwilliamson @Chaos_Snake
The Second World War is getting no credit here
1
Replying to @marwilliamson
Yeah, this has nothing to do with artificially low interest rates and constantly inflating the currency.🙄
2
Replying to @marwilliamson
FDR prolonged the depression, not shortened it.
1
Replying to @marwilliamson
Great case for a new economic system newstatesman.com/politics/ec…
1
Replying to @marwilliamson
Ronald Reagan is synonymous with several decades ago. The revereal of the federal securities and exchange act passrd by roosevelt which had essentially made stock buybacks illegal as it is market manipulation. Reagan took that away and almost immediately corps abandoned workers
Replying to @marwilliamson
And then FDR denied black people many of the benefits afforded to others. This lionizing of FDR sounds very insensitive to many of us. That aside - the Civil War didn’t stop voting. WWII didn’t stop voting. Who’s in government now matter more than ever.....
Load more