Franklin Delano Obama? »

Posted By Beau7890 1 year ago in Business & Finance

Suddenly, everything old is New Deal again. Reagan is out; F.D.R. is in. Still, how much guidance does the Roosevelt era really offer for today's world?

The answer is, a lot. But Barack Obama should learn from F.D.R.'s failures as well as from his achievements: the truth is that the New Deal wasn't as successful in the short run as it was in the long run. And the reason for F.D.R.'s limited short-run success, which almost undid his whole program, was the fact that his economic policies were too cautious.

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Beau7890

Truth rests on the mathematical reeds of the infinite and everything moves forward by order of the eagle riding pillion, while the genius of vegetable ...

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