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Calvin Coolidge Gets New Deal in Revisionist History

Cartwright Wrote: Feb 25, 2013 11:10 AM
Socialists have always despised private-sector prosperity. Look at how the modern Left still calls the 1980s the "me" decade, and "the decade of greed". In reality, the '80s was a time of unprecedented prosperity, but as Reagan himself said, "The Democrats are never going to forgive us for our success". Coolidge could have said the same thing. The economy has always gone in cycles, and when it dips, liberals always scream that it is proof that capitalism doesn't work. Then, seizing the opportunity, they expand government. When that makes things worse, they claim it's because they didn't expand it enough. And when history doesn't back them up, (which it rarely does), they rewrite it.
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...