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Obama’s No FDR


From my most recent NRO article, on how the incumbent president is not like his illustrious predecessor: “Everyone, including most Democrats, agrees that this president can’t run on his record, but that is exactly what FDR did in 1936. There are fewer employed people in the United States now than there were when this administration entered office, despite its racking up cumulative federal budget deficits equal to six times the country’s money supply in January 2009. . . . In Roosevelt’s first four years, his programs reduced unemployment from approximately 14 million to about eight million in a labor force that had grown by two million.”

Whether you agree or disagree, your comments are, as always, most welcome.


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