Right Wing Republicans Learned From Their 1932 Economy Mistake


That mistake is not likely what the average American thinks it is. The 1932 Republicans crippled America’s economy but failed to drive a stake through its heart. If America’s economy dies, big business – already in control of America’s economy, will gain control of America’s government – a goal sought since the 30’s. This is how President Franklin D. Roosevelt put it:

[…]The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself.  That, in its essence, is fascism — ownership of government by an individual, by a group, or by any other controlling private power.

The second truth is that the liberty of a democracy is not safe, if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living.

Both lessons hit home.

Among us today a concentration of private power without equal in history is growing.  This concentration is seriously impairing the economic effectiveness of private enterprise as a way of providing employment for labor and capital and as a way of assuring a more equitable distribution of income and earnings among the people of the nation as a whole[…]


Current day Right Wing Republicans(neocons aka Tea Party) are not making the mistake their 1930’s version made. In 1930 they did not work at preventing recovery. Today they are.  Today they are working at not repeating their “mistake” of the 30’s.

America’s ombudsmen(voters) seem more amenable to the self-serving political acts of today’s neocons. Perhaps they should be forgiven? Perhaps they know not what they do?

Can you imagine TAX CUTS that were scheduled to be grandfathered out NOT BEING GRANDFATHERED OUT during a GREAT RECESSION? Today’s neocons are working at  NOT REPEATING A “MISTAKE” OF THEIR PAST. Nobody is going to come behind them and make them look like incompetents again. Hiding the truth may become a neocon art.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s