Jump to content

A New New Deal?


prole

Recommended Posts

I thought this article from the New Yorker raised some good questions.

Barack Obama’s decisive defeat of John McCain is the most important victory of a Democratic candidate since 1932. It brings to a close another conservative era, one that rose amid the ashes of the New Deal coalition in the late sixties, consolidated its power with the election of Ronald Reagan, in 1980, and immolated itself during the Presidency of George W. Bush. Obama will enter the White House at a moment of economic crisis worse than anything the nation has seen since the Great Depression; the old assumptions of free-market fundamentalism have, like a charlatan’s incantations, failed to work, and the need for some “new machinery” is painfully obvious. But what philosophy of government will characterize it?
Link to comment
Share on other sites

  • Replies 3
  • Created
  • Last Reply

Top Posters In This Topic

Popular Days

Top Posters In This Topic

I thought this article from the New Yorker raised some good questions.

economic crisis worse than anything the nation has seen since the Great Depression;

 

Sure the great depression was bad, but at least there were factories, manufacturing, and family farms. What smoke and mirrors puts us in a better position now?

 

Apparently, it was a cultivated aptitude for buying things we didn't need with money we didn't have. That was fun. What's next?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...