Day: December 9, 2008

We Don't Need Another "Deal"

When Time magazine decided to show a cover depicting Obama as FDR, I could only shake my head. And now Obama is trying his best to be the next FDR, talking about a massive plan for public works. The little secret, which isn’t really much of a secret anymore (except to those who refuse to listen) is that FDR’s New Deal never brought America out of the Great Depression. By the end of the 1930s, the economy was just as… Read more »