March 30, 2012. Canyon Lake, Texas. The Forgotten Man.

It is a good time to take another look at the Great Depression.  This book by Amity Shlaes gives much food for thought.    But it is discouraging too because for two years President Hoover did lots of things to help.  Unfortunately, what was done made everything worse.   Next along came President Roosevelt, continuing the same policies plus a lot more, all of which made the economy  even worse.  For eight years, the President fought with the business world.  After two years of a recession, things were getting better, but with all the government intervention, we sunk into Depression, and we stayed there, due to government tinkering.

And it seems that we are doing it all again.   If you ask people about the Great Depression,  they will tell you that the war ended the recession.  And that was true,  because President Roosevelt suddenly needed the businesses of the US to be productive so stopped attacking them.  Amazing but true.

Much of what we live with now began in the early years of the President's tenure.  And we are trying to solve the problems today.   The Forgotten Man is a valuable book.