Socialism For the Rich- Free Market For the Poor

These Are No Ordinary Times

 Doris Kerns Goodwin uses this title in her great historical biography of the Roosevelt’s times during the depression and WW11. I found it interesting as lived through those years and find many similarities to history being made today.

 Roosevelt inherited a deep depression analogous to our present recession that has a good chance of becoming a depression. Many of the same families and Wall Street manipulators have in their greedy endeavor to control the money in the world brought us closer to a double dip recession that will push us over the economic cliff similar to the 1930s. Business has little interest in the American public demonstrated by our manufacturing moving off shore.

 Obama, Romney or the thousands of other politicians have no idea how to create jobs. The capitalistic system has destroyed itself which was predicted many years ago and it will take generations to make some improvement in the system as the capitalists control the system and have no desire to correct it. One presidential candidate believes in socialism for the rich and a free market for the poor.

 The last depression lasted for ten years and Roosevelt made a small dent in the unemployment rate with low paying government jobs. The conservative congress, like today, fought many of these minimum wage paying jobs which reduced unemployment from 25 to 15%. With the war raging in Europe he passed the first peace time military draft of men from 18 to 35 years old. This ignited rage from mothers who still remembered the 350 thousand casualties in WW1. The President promised them he would never use these boys to fight on foreign soil which he had to back down when we became engaged in the war in Europe and Japan.

 His next attempt at creating jobs was a home front attempt to use the Military Industrial Complex to create jobs by converting factories to manufacturing military equipment for a Lend Lease program for Britain and a peace time defense for our country. This sounded good, but industry refused to change over to manufacturing military equipment without many tax breaks and other benefits before converting; which they received. This created jobs for the working class and a source of wealth for management.

 I graduated from High School a semester early in the first week of January 1942, one month after Pearl Harbor, so took a job in a defense plant. One of the goodies industry negotiated with the government was being paid 10% above cost for their product. Industry took advantage of this perk by driving up the cost by over hiring and a lot of overtime pay. Women were brought in to replace men of draft age. I worked on a moving assembly line and was so crammed in it was difficult to do my operation.

 This history is an illustration of the difficulty in creating jobs. Obama hasn’t had the opportunity to increase an already bloated defense budget in his 4 years of trying to increase employment. Even if he had the opportunity, being black made improving conditions for the middle and poorer class nearly impossible. The minority’s crusade to make him a one term President and changing the majority to 60 votes is a new form of democracy  

 No one knows what his challenger would do as he either has a poor memory or hasn’t read the commandment about bearing false witness against your neighbor. He should be aware of this commandment as in one of his debates he said; I served as a pastor in my congregation for about 10 years.” This should have deserved more attention from those familiar with the Mormon religion.

 He should also be aware that the President can’t legislate, but can either sign or veto legislation sent to him by congress. He won’t be able to repeal or change laws he doesn’t agree with on his first day. I don’t believe that any of the political wannabes will make any significant changes in the jobs market.  

Note From Don Cooks to my regular readers. You have probably known that I haven’t written much in the past two months as had a hard fall and people near 90 don’t heal as quickly as when younger. I’m not completely healed, but wanted to put in my two cents about the election.

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5 responses to “Socialism For the Rich- Free Market For the Poor

  1. It’s good to hear from you again!

  2. I’m so glad you are back writing. I have missed your posts. You don’t believe either candidate will be able to make changes in jobs or the economy? If you had a magic wand and could make any changes you wanted, how would you fix the mess we are in?

  3. Thanks for the two cents. You always have a way of putting things in perspective for me through history. I tend to get a little riled up.

  4. I hope the jobs that are created will be jobs that will help our society to function better rather then jobs that destroy other societies or support those that already have more money then they know what to do with.

  5. Interesting historical insight. I agree, I think that a lot of folks have unrealistic expectations for what a president is capable of doing. I’m no expert, but just speaking in terms of the time frame, I don’t see how the economy can be “saved” in a matter of 4 years. I guess we can just hope that things end up working out down the line.

    Regardless, I’m glad for Obama’s win and that the senate has a Democrat majority. The extreme hostility for women openly expressed in this election by Republican politicians was frightening to say the least.

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