The Mudcat Café TM
Thread #119021   Message #2578180
Posted By: Peter T.
28-Feb-09 - 07:37 PM
Thread Name: BS: Obama Goes For Broke
Subject: RE: BS: Obama Goes For Broke
I meant on the scale of FDR.

Of course one difference is that FDR had more control over Congress. So Obama is in big trouble there.

And another is of course the endless free market blather that has gone on for so long. The idea that governments can invest in society for the common good is going to take some time to resurrect.

(Of course in Herbert Hoover's day there were powerful versions of this sanctimony too).

It is sure going to be interesting to watch. Some members of his government (Hilary?) must be wondering if this is going to be Clinton Mark I all over again, rather than FDR.

yours,

Peter T.