Barack Obama as FDR
Will President-elect Obama be the next FDR? If he pulls the nation out of its economic slump, he has a shot at becoming just as beloved. If he doesn't, the opposite could occur.
His aides disclosed on weekend TV talk shows that:
Obama aides called on lawmakers to pass, by the Jan. 20 inauguration, legislation that meets Obama's two-year goal of saving or creating 2.5 million jobs. Democratic congressional leaders said they would get to work when Congress convenes Jan. 6.
Though Obama aides declined to discuss a total cost, it probably would far exceed the $175 billion he proposed during the campaign. Some economists and lawmakers have argued for a two-year plan as large as $700 billion, equal to the Wall Street bailout Congress approved last month.
Better yet, he's apparently breaking one campaign pledge that will serve him and the nation better by its absence. He will apparently not raise taxes on the so-called wealthy as promised:
With the downturn in the economy, those tax cuts may remain in place until they are scheduled to die in 2011, said William M. Daley, an economic adviser. "That looks more likely than not," he said.
Tax hikes in a recession, much less a depression, are not good for any income bracket. Bravo, Obama!
Tags: economy | recession | Barack Obama | New Deal
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Your new merit badge!!!!!
"Further, "national unity" has given way to the worship of individual cultural heritage and dozens of opportunistic organizations that seek to create a classes of "victimhood" for nearly every group except white Christian males or women who are pro-life."
Congrats on the new "victimhood" for White Christian males(only white?)and women (any color?) who are pro-life.
Oh Boy. There wasn't much unity and shared cultural practices between my half Irish, and half German family. Ah...but they were both white.
GET OVER YOURSELF. YOU ARE JUST AS MYOPIC, SELF INTERESTED, AND NEEDY AS YOU PERCEIVE EVERYBODY ELSE TO BE. BUT YOU ARE WHITE. AND FEEL ENTITLED, AND BLESSED WITH THE TRUE KNOWLEDGE OF THE WAY.
Only time will take care of the likes of you.
The Next FDR?....
Just a little reality check... The US got out of the Great Depression not because of FDR but rather, in spite of him.
America became The Arsenal of Democracy in the late 1930's. Manufacturing power is what pulled the nation out of its economic pit and I might add, won the war against Fascism. That industrial strength and an united, self sacrificing, national will is what led to victory over the forces of darkness.
We no longer have the industry or the national unity. Industries have been gutted by draconian environmental regulation, greedy corporate executives, out sourcing of jobs and factories - and progressive elitists in education who, for decades, have scoffed at blue collar jobs as being beneath contempt to the nation's school children.
Further, "national unity" has given way to the worship of individual cultural heritage and dozens of opportunistic organizations that seek to create a classes of "victimhood" for nearly every group except white Christian males or women who are pro-life.
I know these truths are a bitter thing and so will be rejected by those progressive relativists on the left and Republican barons of greed on the right. And so, we will fail as a nation divided - As Lincoln and the Bible simply put it, "A house divided against itself can not stand."
FDR Economics
Some economists claim that the policies of FDR prolonged and worsened the Great Depression. In any case, the Great Depression did continue for 7 years after FDR took office.
I am hopeful that we do not repeat history!
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