Kevin Price (“a syndicated columnist, publisher and managing editor of US Daily Review, and host of the Price of Business radio show”) serves up this, er, interesting take on history in his Sept. 10 CNSNews.com column:
Another president who inherited a terrible economy was FDR from Herbert Hoover. How did FDR compare to Obama? Well, in spite of the romantic notions of liberal ideologues, Roosevelt was a disaster as he took a serious recession into the nation’s worst Depression. Interestingly, Obama’s approach to solve our economic crisis is similar to FDR’s and we are getting similar results. Big government, outrageous subsidies, and massive increases in regulations guaranteed that the Great Depression would be the worst economic period in our nation’s history to date. It appears Barack Obama may be committed to out performing FDR in this notorious area.
Actually, most economists agree that Franklin Roosevelt’s New Deal policies lifted the country out of the Great Depression, not deepened it.
And this guy hosts a radio show about business? Apparently an understanding of economics and history was not required for Price to get that gig.