July 7, 2010

Sign of the Apocalypse

From Burt Fulsom:

....The Siena College presidential poll–a ranking of 44 presidents by 200 historians–put Franklin Roosevelt in first place. In other words, the man who, during his first two terms, gave us nonstop double digit unemployment–and 20 percent unemployment toward the end of his second term, is ranked ahead of George Washington, Abraham Lincoln, and all other American presidents.

And that may not be the worst indiscretion. These historians also ranked Barack Obama ahead of Ronald Reagan. In other words, if you start your presidency with 8 percent unemployment and run it to 10 percent (all the while going further in debt by more than $1,000,000,000,000) you are greater than the president who sharply reduced unemployment and inflation during his first term and then ended the Cold War in his second term.

Most Americans are repelled by the judgment of Siena College’s historians. Most Americans believe in more limited government and they are skeptical of concentrating power in the hands of one leader, or a small group of leaders. Most Americans instinctively smile when they read these words from James Madison: “The great security against a gradual concentration of the several powers in the same department consists in giving to those who administer each department the necessary constitutional means and personal motives to resist encroachments of the others. . . . Ambition must be made to counteract ambition.”

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