"What They're Forgetting About The Forgotten Man"

Amity Shlaes reminds us that yes indeed, FDR’s policies prolonged the Depression–or as Mark Steyn wrote at the start of the month:

“Lots of other places — from Britain to Australia — took a hit in 1929 but, alas, they lacked an FDR to keep it going till the end of the Thirties. That’s why in other countries they refer to it as “the Depression,” but only in the U.S. is it ‘Great.'”

For most of the 1970s, Archie and Edith sang, “Mister, we could use a man like Herbert Hoover again.” It took a few decades, but at long last, their wish finally comes true.

Meanwhile, Charles Johnson spots one huge budget-busting proposal from Obama, which is troubling not just for its fiscal excess.