George Bush’s Role inToday’s Economic Car Crash Everyday Americans — if not historians — are likely to remember George W. Bush as the President who crashed the family car (the economy). However, it would be too easy to simply lay it all on #43 and move on (or try to — right now we’re all...Read More
The Financial Crisis So Far The country — and world’s — biggest financial crisis since the 1930’s has reopened a long dormant debate regarding 1930’s economic policy. Democrats today subscribe to the notion that FDR did too little during The Great Depression, unnecessarily prolonging it. Had he used even more fiscal stimulus (public works, capital...Read More
Obama’s Forebears: FDR, Lincoln . . . Gorbachev??Talk about anticipation: political pundits are already engaged in a spirited debate about which historical leader faced circumstances most closely paralleling the financial crisis now confronting President-elect Obama. The most obvious candidate is FDR, and the broken economy he inherited in early 1933. Now like then, the economy...Read More
