Out of Touch Obama Calls FDR a “Fiscal Conservative”
Wow! Well this helps explain the mess we are in.
Barack Obama described fellow big government democrat Franklin Delano Roosevelt as a “fiscal conservative” during his town hall on Friday.
Obama thinks his hero FDR as a “fiscal conservative” (Politicus)
FDR tripled taxes and doubled spending from 1933 to 1940. In fact, historians now agree that Franklin Roosevelt only ended the Great Depression – when he died.
But, our Ivy League educated president thinks he’s a fiscal conservative? Really?
CNS News reported, via Free Republic:
President Barack Obama said that Franklin Delano Roosevelt (FDR) – the president best known for establishing a welfare and regulatory state in America – was “fiscally conservative,” in response to a question about how to keep the economy going.
Obama was referring to spending-cut measures Roosevelt took in the middle of the New Deal that lasted from 1933 to 1940.
“FDR comes in, he tries all these things with the New Deal; but FDR, contrary to myth, was pretty fiscally conservative,” the president said Friday during a town hall meeting on the campus of the University of Maryland.
“And so after the initial efforts of the New Deal and it looked like the economy was growing again, FDR then presented a very severe austerity budget,” Obama continued. “And suddenly, in 1937, the economy started going down again. And, ultimately, what really pulled America out of the Great Depression was World War II.”
Obama used this to illustrate why the political leaders should tread carefully in cutting the deficit.
And the liberal media wants you to believe that Obama is a moderate, too.
FDR’s a conservative and Obama’s a moderate.
It’s an Obama world.