FDR: Double-Talking Quarterback

The New Deal chopped and changed so often in its direction that it frequently appeared to cancel itself. Between its NRA and TNEC phases there was no visible economic connection, if the spending of money be excepted; and with such antipodal prophets as Hugh Johnson and Thurman Arnold clamoring for the President’s ear it often seemed as though the Tower of Babel had been substituted for the Washington Monument.

With the steed riding off to all points on the horizon, it is Small wonder, then, that commentators and biographers have been at a chronic loss to penetrate to the secret, if any, of Franklin D. Roosevelt’s economic philosophy. Did he have basic economic predilections?

JC

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John Chamberlain

John Chamberlain (1903–1995) was an American writer.

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Franklin Delano Roosevelt

The New Deal chopped and changed so often in its direction that it frequently appeared to cancel itself. Between its NRA and TNEC phases there was no visible economic connection, if the spending of money be excepted; and with such antipodal prophets as Hugh Johnson and Thurman Arnold clamoring for the President’s ear it often seemed as though the Tower of Babel had been substituted for the Washington Monument.

With the steed riding off to all points on the horizon, it is Small wonder, then, that commentators and biographers have been at a chronic loss to penetrate to the secret, if any, of Franklin D. Roosevelt’s economic philosophy. Did he have basic economic predilections?