The Demon in the Wheelchair

Why is this country trillions of dollars in debt?  I’m sure most people would answer, “Oh, its Bush Jr’s fault!” While he didn’t exactly help the situation, Bush’s contribution to the federal deficit problem is only the icing on the cake.  The reason why we are outrageously in debt to China and other countries goes all the way back to the biggest crisis America has ever faced, and  how poorly this situation was handled.

The Great Depression was the only time in the history of our great nation when there were more people leaving the country than there were people entering it.  The stock market crash of ‘28 caused a chain reaction of economic catastrophes that is still eating away at the roots of America.

When the stock market crashed on Black Thursday, millions of people, who had their life savings invested in stocks, found that everything they had accumulated over the span of their lives had vanished in an instant.  Well-to-do citizens who had previously been in high ranking positions in flourishing companies soon found themselves living in shanty-towns with nothing but the clothes on their backs, and the brand new Ford Model-T they bought on credit.

With millions out of work, starving, and freezing, the American people put pressure on Herbert Hoover, the president at the time, to help them.  Even though there was absolutely NOTHING the president could do to aid the suffering American people, they still asked the impossible.  When it came time for Hoover’s re-election, he found he had lost almost all of his supporters with his mentality that the government should not interfere with the economy.

The new president-elect was a headstrong man who believed he had the answer to this new crisis.  Franklin Delano Roosevelt was elected president, and soon began pushing his economic recovery plan through congress, known as the “New Deal.”

The New Deal consisted of a few good ideas, proceeded with several terrible ideas that will be the cause of the collapse of the greatest nation to have ever existed. Some things like the creation of the FDIC (Federal Deposit Insurance Corporation) were much needed safeguards to prevent a second economic crash.  Unfortunately, however, most of Roosevelt’s reforms have become the most pertinent problems with this country, even today.

The first problem Roosevelt created was Social Security.  Social Security was supposed to provide a safety net for American citizens, should they become unable to provide for themselves and their families.  This includes lower class citizens, disabled citizens, but most importantly, retired citizens.  Today, Social Security provides a check to EVERY SINGLE  retired person over the age of 65.  While it was intended to be a safety net for the elderly who failed to properly plan for retirement, it will soon become the next great economic crisis.

After World War II, America came into a new age of prosperity.  Prosperity means more money in the citizens’ pockets.  That means they are better suited to have larger families.  Thus dawned the baby-boomers.  The new-found wealth of the middle and lower classes spawned a sense of security in raising more children than before.  Because of this, the majority of American citizens alive today were born between ‘46 and ‘56.  Many in the baby-boomer generation have already started collecting social security, and many more are soon to follow.  With the majority relying on the minority for support, we have two choices: reform, or collapse.

Unfortunately, that is only one of the minor problems that Roosevelt has given us.  Before Roosevelt threw his wrench into the American machine, the dollar was a gold backed currency.  This means that if you own one dollar, it is the equivalent of owning a dollar’s worth of gold.  A dollar was only a federal reserve note, representing a certain amount of gold, and you could go down to the federal reserve office and exchange your dollar for this certain amount of gold.  The amount of gold in the federal reserve was always constant, which means that the currency never inflated, but it kept the same constant value.

Now, after the New Deal has taken a stranglehold on the American economy, all the dollars in your pocket are only worth as much as the paper the numbers are printed on.  Roosevelt felt it would be prudent to eliminate gold backed currency in America, so the treasury could just print more money and give it to the citizens to stimulate the economy.  Today, every time you hear about increased federal spending without increased taxes, it is accomplished by simply printing more money.  The more money we print, the less it’s value becomes.  How else do you think that CANADA’S currency came to be more valuable than America’s??  How do you think Bush spent billions of dollars on the war in Iraq while LOWERING taxes?

So what did the New Deal actually do?  I ask you to go look it up for yourselves.  Look up American productivity in ‘32 and ‘39.  You will see that the numbers are roughly the same until a little after 9/01/39.  Does that date sound familiar?  It should, it’s the outbreak of the second world war.  WWII was the only reason our nation recovered from the Great Depression.  Because of our industrial might before the stock-market crash, and because of the new demand for armor and weapons, America had a new economic stimulation that brought us out of depression and straight into prosperity.  In short, WWII was America’s defibrillator, and the New Deal is the cancer eating away at America’s flesh.

The next time you see twelve zeros behind the federal deficit amount, please don’t blame Bush.  He’s partially retarded, and wanted to avenge his father’s defeat, its not his fault!!  The reason this once great nation will be in shattered ruins in just a few short decades will be due to the nation’s only president with polio.  Franklin Delano Roosevelt, I dub thee the Demon in the Wheelchair; may you burn in hell for all eternity for what you have done to my country.