Monday, January 14, 2013

Is Obama FDR 2? A old (2009) but frighteningly prescient article (( delay : in in 63 hours ))

2012-10-27_00

RealClearPolitics - Articles - The "Can-Do" Economy-Killer


http://www.realclearpolitics.com/articles/2009/02/the_cando_economykiller.html


......” I have been wondering whether Barack Obama will turn out to be another Jimmy Carter
or another Franklin Roosevelt. The least bad option is Carter: a leader whose policies are
disastrous for the economy and for US foreign policy, but who ends up being rejected by
the American people and voted out of office after only one term--as opposed to a leader
like FDR, whose policies are also disastrous, but who ends up being loved by the
American people nonetheless and voted back into office.
After viewing Obama's speech last night, I am forced to conclude that he has the makings
of another FDR.
There aren't many people alive today, of course, who can remember what FDR was like
while he was in office. So it is difficult for us to project how an American leader could
be permitted to preside over double digit unemployment and complete economic
stagnation for more than one term, much less for an entire decade. But I've seen enough
of the old news reels of Roosevelt to have a sense for how he did it. He always projected
a buoyant confidence and a vigorous optimism that was just convincing enough to
connect to the American sense of life--which he could then use as cover for policies that
systematically destroyed wealth and prevented the economy from recovering.”....

RRD: As always posting does not imply complete agreement with what I post ( much less anything else the writer posts) .

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