I just read FDR’s Folly a few weeks ago.
Shocking, really.
I look at the things going on now and think they’re a “first”, but they aren’t.
That degree of change was much greater then. And people elected him 4 times.
Something to think about re “the good old days”.
“I look at the things going on now and think theyre a first, but they arent.”
FDR’s administration was just a beta test for Obama’s. Even FDR never exploded federal debt as a percent of GDP to the levels advocated by this administration.