We Are Less Ready For A Global War Than America Was In 1941

We Are Less Ready For A Global War Than America Was In 1941: In 1941, America was asleep, only to be rudely awakened by Pearl Harbor. That attack galvanized the nation. Before then, FDR was doing what Democrats always do, a combination of wishful thinking, hubris, and reality denial. War does not allow that — or at least, winning a war does not.

Reality was even setting in before then. In 1939, after FDR and his cronies had meddled in the Depression economy for six years, leading to a depression within the Depression, Secretary of the Treasury Morgenthau said that he and FDR wished they had not pumped so many dollars into the economy, for it ended up causing more problems than it cured, especially creating damaging inflation. In the end, they would have been wiser to follow the policies that Hoover started (and then abandoned under Democrat pressure) or, even better, to do what Coolidge did in 1920 when America experienced another financial crisis. Coolidge stayed the course so that the Depression of 1920 was short-lived. His campaign slogan was “Stay Cool with Coolidge.”