SABOTAGE: How the Republican Party Crippled Americas Economic Recovery

US Unemployment: On the Supernatural Rate
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Their preliminary studies on the origins of the fascist dictatorships and the American reformed democracy came to the conclusion that besides essential differences "the crises led to a limited degree of convergence" on the level of economic and social policy. Wagner and from American business leaders such as the Chamber of Commerce. His argument correlates with Mason's that economic factors alone are an insufficient approach to understand fascism and that decisions taken by fascists in power cannot be explained within a logical economic framework.

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In economic terms, both ideas were within the general tendency of the s to intervene in the free market capitalist economy, at the price of its laissez-faire character, "to protect the capitalist structure endangered by endogenous crises tendencies and processes of impaired self-regulation". Stanley Payne , a historian of fascism, examined possible fascist influences in the United States by looking at the KKK and its offshoots and movements led by Father Coughlin and Huey Long.

He concluded that "the various populist, nativist, and rightist movements in the United States during the s and s fell distinctly short of fascism". The New Deal was generally held in very high regard in scholarship and textbooks. That changed in the s when New Left historians began a revisionist critique calling the New Deal a bandaid for a patient that needed radical surgery to reform capitalism, put private property in its place and lift up workers, women and minorities.

In a essay, Barton J. Bernstein compiled a chronicle of missed opportunities and inadequate responses to problems. The New Deal may have saved capitalism from itself, Bernstein charged, but it had failed to help—and in many cases actually harmed—those groups most in need of assistance. Conkin similarly chastised the government of the s for its weak policies toward marginal farmers, for its failure to institute sufficiently progressive tax reform, and its excessive generosity toward select business interests.

In , Howard Zinn criticized the New Deal for working actively to actually preserve the worst evils of capitalism. By the s, liberal historians were responding with a defense of the New Deal based on numerous local and microscopic studies. Praise increasingly focused on Eleanor Roosevelt, seen as a more appropriate crusading reformer than her husband. In a series of articles, political sociologist Theda Skocpol has emphasized the issue of "state capacity" as an often-crippling constraint. Ambitious reform ideas often failed, she argued, because of the absence of a government bureaucracy with significant strength and expertise to administer them.

Other more recent works have stressed the political constraints that the New Deal encountered. Conservative skepticism about the efficacy of government was strong both in Congress and among many citizens. Thus some scholars have stressed that the New Deal was not just a product of its liberal backers, but also a product of the pressures of its conservative opponents. During the New Deal the communists established a network of a dozen or so members working for the government.

They were low level and had a minor influence on policies. Since , politicians and pundits have often called for a "new deal" regarding an object—that is, they demand a completely new, large-scale approach to a project. Bennett in proposed a "new deal" of regulation, taxation and social insurance that was a copy of the American program, but Bennett's proposals were not enacted and he was defeated for reelection in October In accordance with the rise of the use of U. The Works Progress Administration subsidized artists, musicians, painters and writers on relief with a group of projects called Federal One.

While the WPA program was by far the most widespread, it was preceded by three programs administered by the US Treasury which hired commercial artists at usual commissions to add murals and sculptures to federal buildings. The first of these efforts was the short-lived Public Works of Art Project , organized by Edward Bruce , an American businessman and artist. The New Deal arts programs emphasized regionalism , social realism , class conflict , proletarian interpretations and audience participation.

The unstoppable collective powers of common man, contrasted to the failure of individualism , was a favorite theme. Post Office murals and other public art, painted by artists in this time, can still be found at many locations around the U. For journalists and the novelists who wrote non-fiction, the agencies and programs that the New Deal provided, allowed these writers to describe about what they really saw around the country.

Many writers chose to write about the New Deal and whether they were for or against it and if it was helping the country out.

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They ranged from subjects on social protest to strikes. Countless theatre productions around the country were staged. This allowed thousands of actors and directors to be employed, among them were Orson Welles, and John Huston. Many of the images appeared in popular magazines.

The photographers were under instruction from Washington as to what overall impression the New Deal wanted to give out.

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Director Roy Stryker 's agenda focused on his faith in social engineering , the poor conditions among cotton tenant farmers and the very poor conditions among migrant farm workers—above all he was committed to social reform through New Deal intervention in people's lives. Stryker demanded photographs that "related people to the land and vice versa" because these photographs reinforced the RA's position that poverty could be controlled by "changing land practices".

Though Stryker did not dictate to his photographers how they should compose the shots, he did send them lists of desirable themes, such as "church", "court day", "barns". Films of the late New Deal era such as Citizen Kane ridiculed so-called "great men" while the heroism of the common man appeared in numerous movies, such as The Grapes of Wrath Thus in Frank Capra 's famous films, including Mr.

Smith Goes to Washington , Meet John Doe and It's a Wonderful Life , the common people come together to battle and overcome villains who are corrupt politicians controlled by very rich, greedy capitalists. By contrast, there was also a smaller but influential stream of anti-New Deal art. Gutzon Borglum 's sculptures on Mount Rushmore emphasized great men in history his designs had the approval of Calvin Coolidge.

Gertrude Stein and Ernest Hemingway disliked the New Deal and celebrated the autonomy of perfected written work as opposed to the New Deal idea of writing as performative labor. The Southern Agrarians celebrated a premodern regionalism and opposed the TVA as a modernizing, disruptive force. Cass Gilbert , a conservative who believed architecture should reflect historic traditions and the established social order, designed the new Supreme Court building Its classical lines and small size contrasted sharply with the gargantuan modernistic federal buildings going up in the Washington Mall that he detested.

The New Deal had many programs and new agencies, most of which were universally known by their initials. Most were abolished during World War II while others remain in operation today. They included the following:. From Wikipedia, the free encyclopedia. This article is about the United States economic program. For other uses, see New Deal disambiguation.

Not to be confused with Green New Deal. Economic programs of U. Economic development Broad measures Economic growth Empirical evidence Direct democracy Freedom of movement Human enhancement Idea of Progress Industrialisation Linear history Modernity Philosophical progress Philosophy of progress Progressive education in Latin America Progressive rationalism Reform movement Social organization Social progress List of countries Scientific progress Social change Sustainable design Ecological engineering Self-determination Scientific management Scientific method Sustainable development Technological change Techno-progressivism Welfare Women's suffrage.

By region. Main article: First days of Franklin D. Roosevelt's presidency. Fireside Chat 1 On the Banking Crisis. Main article: National Recovery Administration. See also: Second New Deal. Further information: List of critics of the New Deal.

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See also: Criticism of Franklin D. Further information: The New Deal and corporatism. Cengage Learning. The Atlantic. Princeton: Princeton University Press. Safarian The Canadian Economy. Arthur Schlesinger, Jr. The Coming of the New Deal , p. He was one of the last surviving members of the small group of advisers who helped President Roosevelt shape the New Deal. July 11, New York: Nan A. Population Growth: —". December The Journal of Economic History. Roosevelt and the New Deal pp.

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Franklin Delano Roosevelt: Champion of Freedom. Heinemann, Depression and New Deal in Virginia. May 3, Retrieved December 7, Parker, eds. Routledge Handbook of Modern Economic History. Fishback, Michael R. The numbers come from this U. Census document , p. Note that the graph only covers factory employment. Infobase Publishing. Woolley and Gerhard Peters.

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This book is not yet featured on Listopia. Community Reviews. Showing Rating details. More filters. Sort order. Aug 04, Roger rated it it was amazing. After teaching economics in college for 32 years, I am convinced the Republican approach to our economy today cut spending x 5 is a prescription for disaster.

This book verifies my own observations that they are either 1 cynically aware of the harm they will cause and don't care because they want to return to power; or 2 they simply don't understand ECO freshman economics. David Altman marches through a series of After teaching economics in college for 32 years, I am convinced the Republican approach to our economy today cut spending x 5 is a prescription for disaster.

David Altman marches through a series of Republican moves that illustrate again and again their disregard or ignorance of macro economics, including the near-default on US debt so unnecessary , the damage they have done to business uncertainty, and their apparent inability to understand that the key to reviving our economy is in getting the spending of consumers flowing again. That is not achieved by continuing tax cuts to the rich and spending is going to fall even further if they attempt to balance the budget before the economy has been restored to a healthy level.

Austerity - balancing the budget - is something you do in a healthy economy, not in a recession.

Excerpt: Sabotage: How the Republican Party Crippled America's Economic Recovery

SABOTAGE: How the Republican Party Crippled America's Economic Recovery - Kindle edition by Daniel Altman. Download it once and read it on your Kindle. Adapted from my book Sabotage: How the Republican Party Crippled America's Economic Recovery: When Americans go to the polls this.

They would doom us to many more years of high unemployment and disappearing futures for this generation. Altman spells it out, succinctly and convincingly. Feb 17, Kriton rated it it was ok. Written by an economics professor I had at NYU.

As biased as you'd expect by the title. If you're a Democrat, and want to confirm your current biases, you'll like it. If you're a Republican, you'll hate it. If you want an balanced discussion that might make you change the way you think, you won't get it. Apr 26, Michael Laflamme rated it really liked it. This small volume crisply summarizes the latest GOP nightmare we have all dealt with since It describes exactly what we've seen, step by looney step.

Why, after several months of economic hope, are things suddenly turning sour? The culprits might seem obvious — uncertainty in Europe, an uneven economic recovery, fiscal and monetary policymakers immobilized and incapable of acting. But increasingly, Democrats are making the argument that the real culprit for the country's economic woes lies in a more discrete location: with the Republican Party.

In recent days, Democrats have started coming out and saying publicly what many have been mumbling privately for years — Republicans are so intent on defeating President Obama for re-election that they are purposely sabotaging the country's economic recovery. These charges are now being levied by Democrats such as Senate majority leader Harry Reid and Obama's key political adviser, David Axelrod. Whether you believe the Republicans are engaging in purposely destructive fiscal behavior or are simply fiscally incompetent, it almost doesn't matter.

It most certainly is bad economic policy and that should be part of any national debate not only on who is to blame for the current economic mess, but also what steps should be taken to get out from underneath it. Such words lead some to the conclusion that Republicans will do anything, including short-circuiting the economy, in order to hurt Obama politically. Considering that presidents — and rarely opposition parties — are held electorally responsible for economic calamity, it's not a bad political strategy. Then again, it's a hard accusation to prove: after all, one person's economic sabotage is another person's principled anti-government conservatism.

Beyond McConnell's words, though, there is circumstantial evidence to make the case. Republicans have opposed a lion's share of stimulus measures that once they supported, such as a payroll tax break, which they grudgingly embraced earlier this year. Even unemployment insurance, a relatively uncontroversial tool for helping those in an economic downturn, has been consistently held up by Republicans or used as a bargaining chip for more tax cuts.

Ten years ago, prominent conservatives were loudly making the case for fiscal stimulus to get the economy going; today, they treat such ideas like they're the plague. Traditionally, during economic recessions, Republicans have been supportive of loose monetary policy. Not this time. Rather, Republicans have upbraided Ben Bernanke, head of the Federal Reserve, for even considering policies that focus on growing the economy and creating jobs. And then, there is the fact that since the original stimulus bill passed in February of , Republicans have made practically no effort to draft comprehensive job creation legislation.

Instead, they continue to pursue austerity policies, which reams of historical data suggest harms economic recovery and does little to create jobs. In fact, since taking control of the House of Representatives in , Republicans have proposed hardly a single major jobs bill that didn't revolve, in some way, around their one-stop solution for all the nation's economic problems: more tax cuts.

Still, one can certainly argue — and Republicans do — that these steps are all reflective of conservative ideology. If you view government as a fundamentally bad actor, then stopping government expansion is, on some level, consistent. So, let's put aside the conspiracy theories for a moment, and look more closely at how the country is faring under the GOP's economic leadership.

Please donate to our Mid-Year Campaign today. Republicans have opposed a lion's share of stimulus measures that once they supported, such as a payroll tax break, which they grudgingly embraced earlier this year.

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Even unemployment insurance, a relatively uncontroversial tool for helping those in an economic downturn, has been consistently held up by Republicans or used as a bargaining chip for more tax cuts. Ten years ago, prominent conservatives were loudly making the case for fiscal stimulus to get the economy going; today, they treat such ideas like they're the plague. Traditionally, during economic recessions, Republicans have been supportive of loose monetary policy. Not this time. Rather, Republicans have upbraided Ben Bernanke, head of the Federal Reserve, for even considering policies that focus on growing the economy and creating jobs.

And then, there is the fact that since the original stimulus bill passed in February of , Republicans have made practically no effort to draft comprehensive job creation legislation. Instead, they continue to pursue austerity policies, which reams of historical data suggest harms economic recovery and does little to create jobs.

In fact, since taking control of the House of Representatives in , Republicans have proposed hardly a single major jobs bill that didn't revolve, in some way, around their one-stop solution for all the nation's economic problems: more tax cuts. Still, one can certainly argue — and Republicans do — that these steps are all reflective of conservative ideology. If you view government as a fundamentally bad actor, then stopping government expansion is, on some level, consistent.

So, let's put aside the conspiracy theories for a moment, and look more closely at how the country is faring under the GOP's economic leadership. At the insistence of the White House, Congress also agreed to extend unemployment benefits and enact a payroll tax cut — measures that provided a small but important stimulus to the economy, but above all, maintained the key GOP position that taxes must never go up. But as Congress giveth, Congress also taketh.

The GOP's zealotry on tax cuts is only matched by its zealotry in pursuing austerity policies. In the spring of , federal spending cuts forced by Republican legislators took much-needed money out of the economy: combined with the budget, it has largely counteracted the positive benefits provided by the stimulus. Subsequently, the GOP's refusal to countenance legislation that would help states with their own fiscal crises largely, the result of declining tax revenue has led to massive public sector layoffs at the state and local level.

In and , ,00 public sector jobs were excised; not coincidentally, at the same time, much of the federal stimulus aid from ran out. And Republicans took over control of Congress. These cuts have a larger societal impact. When teachers are laid off, for example and nearly , have lost their jobs , it means larger class sizes, other teachers being overworked and after-school classes being cancelled. So, ironically, a policy that is intended to save "our children and grandchildren" from "crushing debt" is leaving them worse-prepared for the actual economic and social challenges they will face in the future.

In addition, with states operating under tighter fiscal budgets — and getting no hope relief from Washington — it means less money for essential government services, like help for the elderly, the poor and the disabled. This is the most obvious example of how austerity policies are not only harming America's present, but also imperilling its future. And these spending cuts on the state and local level are matched by a complete lack of fiscal expansion on the federal level.

In fact, fiscal policy is now a drag on the recovery, which is the exact opposite of how it should work, given a sluggish economy. This collection of more-harm-than-good policies must also include last summer's debt limit debacle, which House speaker John Boehner has threatened to renew this year. This was yet another GOP initiative that undermined the economic recovery. According to economists Betsey Stevenson and Justin Wolfers , "over the entire episode, confidence declined more than it did following the collapse of Lehman Brothers Holdings Inc in Since that national embarrassment, Republicans have refused to even allow votes on President Obama's jobs bill in the Senate; they dragged their feet on the aforementioned payroll tax and even now are holding up a transportation bill with poison-pill demands for the White House on environmental regulation.