Obama and FDR

http://www.futureofcapitalism.com/2011/08/obama-and-fdr

Thomas Sowell has a new column likening President Obama to Franklin Delano Roosevelt:

As unusual as 9 percent unemployment rates may seem to the current generation of Americans, unemployment rates stayed in double digits for months and years on end during the 1930s. Franklin D. Roosevelt's administration followed policies very similar to those of the Obama administration today. He also got away with it politically by blaming his predecessor.

Mr. Sowell is a senior fellow at the Hoover Institution.

by Editor  |  Aug 30, 2011 at 9:57 am Related Topics:  Non-Profits, Politics, President Obama, Unemployment receive the latest by email: subscribe to the free futureofcapitalism.com mailing list