The New Deal was the name that  Franklin D. Roosevelt gave to a sequence of central economic planning and economic stimulus programs he initiated between 1933 and 1938 with the goal of giving work (relief) to the unemployed, reform of business and financial practices, and recovery of the economy during The Great Depression. The enactment of New Deal policies lasted from 1933 through 1938.

When Franklin D. Roosevelt took office, the nation was in deep economic trouble. State governors had shut down every bank and every bank account was frozen--no one could get a bank loan or cash checks or get at their deposits. Unemployment was 25% and higher in major industrial and mining centers. The agricultural sector, with a fourth of the nation's population, was in worse shape than industrial areas. Deflation was raging--prices were falling, making future planning difficult and raising the burden of existing debts. Mortgages were being foreclosed by tens of thousands. Worst of all, many people seemed to have given up hope for a better future and were desperately holding on.^[3] Unemployment was still high in 1939, with the tide only turning in 1941.^[4]

Sound Familiar?

President Obama is attempting to boost the country just as Roosevelt did.Yet, people like Pat Buchanan refuse to believe the "New Deal" worked back than or even now...

Pat has a habit of distorting reality and the truth!

Pat also refuses to believe the eight of that President Bush was in office the country raamokck.

Under the Bush Administration the following happened.

From January 2008, through January 2009, the U.S. economy lost 3.5 million jobs. The private sector loss of 3.65 million jobs was slightly offset by 148,000 jobs created by federal, state and local governments. Say what you will, the Bush years were boom times for Big Government.

And the private sector? Beginning and ending in recession, the Bush presidency added a net of 407,000 private sector jobs over eight years, less than 51,000 a year, the worst eight-year record since 1927-35, which includes the first six years of the Great Depression.

By January 2009, the average workweek had fallen to 33.3 hours, the lowest since record keeping began in 1964.

From Jan. 31, 2001, through Jan. 31, 2009, 4.4 million manufacturing jobs, 26 percent of all of the manufacturing jobs in the United States, disappeared. I guess Pat doesn`t seem to think anything is really wrong here...

Pat rejects this as well...

Semiconductors and electronic component producers lost 42 percent of their jobs. Communications equipment producers lost 48 percent of their jobs. Textile and apparel producers lost, respectively, 63 percent and 61 percent of their jobs.

As a source of American jobs, manufacturing, for the first time in our history, fell below health care and education in 2001, below retail sales in 2002, below local government in 2006, below leisure and hospitality, i.e., restaurants and bars, in 2008.

Nice, huh?

How is Pat able to continue spewing misinformation each day on "The Morning Joe Show?"..

Since 1982, the United States has run $5.7 trillion in trade deficits in manufactured goods, and $2.1 trillion in trade deficits in auto parts, trucks and automobiles. In the Bush years alone, the United States ran more than $1 trillion in trade deficits in auto parts, trucks and cars.

These statistics, these realities - factories closing in the United States, manufacturing jobs being outsourced in the millions to China and Asia, enormous, endless trade deficits in goods - testify to a painful truth: America is a receding and declining world power.

I don`t quite get it! MSNBC needs to place a disclaimer on anything and everything Pat has to say!