DIGG THIS Along with the ascendancy of the Democratic Party to control of the executive and legislative branches of government has come the repetition of the tired, old mantra of an alleged need for a "new New Deal." God help us. The original New Deal unequivocally made the Great Depression much worse, and much longer-lasting, than it would otherwise have been. One of the most readable expositions of why the New Deal was an economic debacle is Jim Powell’s book, FDR’s Folly. It summarizes more than a half century of economic research on the actual effects of the New Deal … Continue reading Recipe for a New Great Depression