“[The
president] offered rhetorical optimism, but pessimism underlay his policies.
... he cared little for constitutional niceties and believed they block
progress. His remedies were on a greater scale and often inspired by socialist
or fascist models abroad.”
Barack
Obama? No, Franklin Roosevelt in 1933. In her prescient book The Forgotten Man, economic historian and commentator Amity Shlaes details how
Roosevelt’s policies turned a depression into the Great Depression. The
similarities between what happened then and what’s happening now are sobering.
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