An unambiguously awful economic record.

It’s the cartoon version of Mitchell’s Law.

There they go again.

It’s difficult to promote good economic policy when some policy makers have a deeply flawed grasp of history. This is why I’ve tried to educate people, for instance, that government intervention bears the blame for the 2008 financial crisis, not capitalism or deregulation. Going back in time, I’ve also explained the truth about “sweatshops” and “robber barons.” […]

You know your record as President is abysmal when supporters are reduced to touting how much better you’ve done than Herbert Hoover. But that’s where Obama is at, apparently, as historian Robert McElvaine took to the New York Times a few days ago to make exactly that case. Seeking to combat unfavorable comparisons to the […]

I’ve commented many times about the misguided big-government policies of both Hoover and FDR, so I can say with considerable admiration that this video packs an amazing amount of solid info into about five minutes. Perhaps the most surprising bit of info in the video is that America suffered a harsh depression after World War […]

The latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), narrated by Michelle Fields, explains that most politicians have learned the wrong lessons from the Great Depression. Entitled, “The New Deal Was A Failure: Hoover and FDR Prolonged the Great Depression with Big Government,” the video illuminates, through a timely economic history lesson, the dangers of President Obama’s insistence on following in the footsteps of FDR.

This mini-documentary from the Center for Freedom and Prosperity Foundation explains how the statist policies of Presidents Hoover and Roosevelt lengthened and deepened the Great Depression. The video also briefly explains how reductions in the burden of government spending helped the economy recover from a deep recession after World War I and to grow after World War II.