You yourself said:
So you're saying that whatever the people say is right? So you're saying that you forget that FDR did a masterful job of hiding up his economic screw-ups to the point where Keynesian economics are still embraced today despite their repeated failures? So you're saying that true capitalism automatically equals lack of charity and high taxes?
The people are right when a majority of them are sick watching everyone loose their lives from hunger and Self Delete, and loosing all their money in closing banks. DEMOCRACY HELLO!
FDR is not considered a good president because he did everything perfectly, he was a good president because he advanced change in a time when people really needed help. Lending a hand to a dieing person is so much better than watching them die while doing nothing.
If you read anything, you will notice how I repeat again and again about how things change and how regulation and tariffs change. Look at the Reciprocal Trade Agreement, the Hawley-Smoot Tariff, Fordney-McCumber Tariff, and the NAFTA. See how different these are and their response to trade.
It is pretty safe to say that people were angry with L-F. Look at the rise of labor unions, the rise of the socialist party, the Gospel of Wealth, and THE PROGRESSIVE MOVEMENT. Rich people will not give you money, and they should be the ones who trickle the money down to you.
High taxes and Capitalism have nothing to do with each other, since L-F CANNOT have any regulation. Keynesian economics is not a part of L-F, its own economic theory used with L-F. And if Capitalism -> Trickle Down Economics, all you will get is a new library, which is what the Gospel of Wealth was. And each president uses his own theory, look at Supply Side Economics, or Reagenomics.
I am no economist, but I know history, and what I am showing you is all lookupable on wiki. You cite nothing.
