Book Discussion on FDR's Folly

Mr. Powell talked about his book, FDR’s Folly: How Roosevelt and His New Deal Prolonged the Great Depression, published by Crown… read more

Mr. Powell talked about his book, FDR’s Folly: How Roosevelt and His New Deal Prolonged the Great Depression, published by Crown Forum. In the book, the author criticizes what he refers to as “big government,” and works to refute the popular view that President Franklin D. Roosevelt’s New Deal policies pulled America out of the Great Depression. Among Mr. Powell’s specific allegations and criticisms: federal taxes tripled; investment was discouraged; hiring was discouraged; federal securities became more difficult to obtain; food was destroyed while people went hungry; prices for all goods and services increased; banking regulations led to bank failures; and public work projects dragged the economy down. He argued further that the depression could have been over by October of 1934 if not for Roosevelt’s interference. Following Mr. Powell’s remarks, Mr. Barone gave his own opinions about President Roosevelt and The New Deal. Mr. Powell and Mr. Barone then responded to questions from the audience. close

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Book Discussion on FDR's Folly

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Program ID:
179547-1
Category:
Public Affairs Event
Format:
Speech
Location:
Washington, District of Columbia, United States
First Aired:
Dec 27, 2003
Last Aired:
Mar 15, 2009

Airing Details

  • Dec 27, 2003 | 10:58pm EST | C-SPAN 2
  • Dec 28, 2003 | 8:00pm EST | C-SPAN 2
  • Jan 12, 2004 | 6:58am EST | C-SPAN 2
  • Jan 31, 2004 | 3:30pm EST | C-SPAN 2
  • Feb 16, 2004 | 12:53pm EST | C-SPAN 2
  • Feb 22, 2009 | 1:44pm EST | C-SPAN 3
  • Feb 22, 2009 | 7:44pm EST | C-SPAN 3
  • Feb 23, 2009 | 1:44am EST | C-SPAN 3
  • Feb 23, 2009 | 7:44am EST | C-SPAN 3
  • Mar 15, 2009 | 2:56pm EDT | C-SPAN 2
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