Monday, February 25, 2013

New Deal for Calvin Coolidge in Revisionist History

Michael Barone writes on a new book called Coolidge by Amity Shales, which seems appropriate material for this page today.  The article begins like this:

For years, most Americans' vision of history has been shaped by the New Deal historians. Writing soon after Franklin Roosevelt's death, Arthur Schlesinger Jr. and others celebrated his accomplishments and denigrated his opponents.
They were gifted writers, and many of their books were bestsellers. And they have persuaded many Americans -- Barack Obama definitely included -- that progress means an ever bigger government
In their view, the prosperous 1920s were a binge of mindless frivolity. The Depression of the 1930s was the inevitable hangover, for which FDR administered the cure.
That's one way to see it. But there are others, and no one is doing a better job of making a counter argument than Amity Shlaes, whose 2008 book "The Forgotten Man" painted a different picture of the 1930s.
Shlaes agrees that Roosevelt's initial policies seemed to end the downward deflationary spiral. But then bigger government, higher taxes and aggressive regulation led to further recession and years of achingly slow growth. Sound familiar?
Now Shlaes has produced a book tersely titled "Coolidge." It shows the 30th president in a far different light than the antique reactionary depicted by the New Deal historians.

To read the rest, click on the link.  It's well worth the time.  How could an entire country have been so misled for so long?  An by dishonest HISTORIANS, of all things!

New Deal for Calvin Coolidge



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