Hooked on Government

[pastygothchick.livejournal.com]

Glenn Beck posted an article about Obama's visit to Fort Myers, Florida.  As a side note Fort Myers had the highest foreclosure rate in the nation last year.  (I wonder if there's an agenda?)

(After a short synopsis of the movie Taken, there's this quote)

GLENN: Yeah, they are easy to manage. Get them hooked on heroin and these girls will be prostitutes because they are going to need the heroin. You think it's outrageous to say the president of the United States is pushing heroin. The heroin that he is pushing is government. Get them so strung out on government aid that they just can't live without it. Let me show you three examples. This is from his town meeting. If anybody's not watching his town meetings, boy, you should be watching them because you're seeing the future of America.

I know we've talked about socialism here before and I get the feeling that most people here feel that it's a bad idea. (I may be understating it, but I don't like to speak for others.)  So far in the first month of Obama's administration he has made it clear that the government is here to take care of you.  He's taking a page out of FDR's handbook and it seems the public is falling for the lie of Obama the way they fell for FDR.  The New Deal didn't only not work, it prolonged the Great Depression.

Warren G. Harding on the other hand had a Depression in 1920 that nobody remembers. 

America’s Greatest Depression Fighter by Jim Powell

America’s greatest depression fighter was Warren Gamaliel Harding. An Ohio senator when he was elected president in 1920, he followed Woodrow Wilson who got America into World War I, contributed to the deaths of 116,708 Americans, built up huge federal bureaucracies, imprisoned dissenters and incurred $25 billion of debt, for which he has been much praised by historians.

Harding inherited the mess, in particular the post-World War I depression – almost as severe, from peak to trough, as the Great Contraction from 1929 to 1933, that FDR inherited and prolonged. Richard K. Vedder and Lowell E. Gallaway, in their book Out of Work (1993), noted that the magnitude of the 1920 depression "exceeded that for the Great Depression of the following decade for several quarters." The estimated gross national product plunged 24% from $91.5 billion in 1920 to $69.6 billion in 1921. The number of unemployed people jumped from 2.1 million in 1920 to 4.9 million in 1921.

What did Harding do?  He cut Federal spending. 

With Harding’s tax cuts, spending cuts and relatively non-interventionist economic policy, the gross national product rebounded to $74.1 billion in 1922.


Instead of Santa President, Harding let the economy recover on its own.  Reminds me of another President who said," In this present crisis, government is not the solution to our problem; government is the problem."  That was Ronald Reagan on January 20, 1981.

Edit cause I have link trouble

Comments

[lazypadawan.livejournal.com]

Glenn's right. Government is the pimp/dealer and we're the hoes.

[moviequeen985.livejournal.com]

Agreed.

And I was born during the Reagan era, but I believe that he is probably one of America's greatest presidents, if not THE greatest.

[writerspleasure.livejournal.com]

that harding link is fantastic - the government schoolteachers always told me he was a terrible president, one of the worst: presented as nothing but corrupt and incompetent.