FDR: the greatest of Presidents
Leaving aside the inconvenient fact that the administration on whose watch the Great Crash of 1929 occurred, and the Great Depression took hold, was not that of FDR, but of Herbert Hoover, who was dispatched in a landslide in the 1932 Presidential election, there are three very obvious shortcomings in the proposals reported today.
To no surprise at all, that individual is Michael “Oiky” Gove, who has been waxing lyrical about the “Forgotten Man”, and reshaping the machinery of Government in order to deal with the post-pandemic challenge. His problem is that chief Downing Street polecat Dominic Cummings is not reshaping Government in order to face new challenges, but because, in his delusional state, he thinks he knows more about it than all others.
At the height of the Depression, US unemployment was 25%. By 1939, this had only declined to 17%. Keynes urged action as early as 1933, telling FDR “I lay overwhelming emphasis on the increase of national purchasing power resulting from Government expenditure which is financed by loans”. But their meeting did not convince FDR to change tack. Kenyes “supposed the President was more literate, economically speaking”.
Beware the deception of a false prophet
But today’s Labour Party is, increasingly, convincing the voters, and hence this PR initiative, for that is all it is. Gove read a book on FDR, reinvented it to fit the mayhem being wreaked by his pal Dom, briefed Johnson, then span it to the press.
But Johnson was not Churchill, and he is not FDR. This is more wicked deception.