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View Diary: Mr. Roosevelt's Social Insurance (197 comments)

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  •  FDR was making it up as he went along (1+ / 0-)
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    blueoasis

    Glass-Steagall, SS, Wagner Act, WPA, PWA, CCC, and TVA were all radical departures from anything that had ever been previously considered, much less tried.  Obama as I noted above, is more akin to Hoover, a point that I don't see anyone disputing here.  Over 2.5 years into the worst slump since the 1930's, this WH is just now just considering a paltry few hundred million in EPA funding fo direct job creation while spending $700bn on the Pentagon and after throwing >$1tn at Wall Street.

    Some men see things as they are and ask why. I dream of things that never were and ask why not?

    by RFK Lives on Sun Aug 28, 2011 at 12:15:36 PM PDT

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    •  I don't dispute (1+ / 0-)
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      Sybil Liberty

      that what FDR did was much bigger than anything Obama has done or anything that came before him.  But your own words were that Roosevelt "consciously chose Keynes" when he did no such thing.

      "In the long run, Americans will always do the right thing — after exploring all other alternatives." - Winston Churchill

      by puakev on Sun Aug 28, 2011 at 12:33:49 PM PDT

      [ Parent ]

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