Obama the new FDR?Submitted by LatinsforPaul on Sat, 02/07/2009 - 13:51
Ever since Barack Obama's electoral victory, we have heard talking heads in the mainstream media compare him to some of the worst presidents in U.S. history. Some pundits predict that President Barack Obama's first hundred days in office will be compared to those of President Franklin Roosevelt. Will Obama be able to surpass FDR, whose first hundred days broke the historical record in terms of legislative activity?
Obama himself is said to have studied FDR's policies in an effort to emulate the president, much idolized and four times elected, who presided over the worst economic depression in U.S. history so far.
This is a good time to review how destructive FDR's first hundred days were and why we should all pray that the change Obama promised does not consist of more of the same type of New Deal policies that once crippled the U.S. economy for a decade.
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