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Saturday, December 06, 2008

Obama AKA FDR Economic Plan

President Elect Barack Obama has not even been sworn in yet and he is not sitting on his hands doing nothing about the massive loss of jobs all across America. In his weekly President Elect broadcast Obama is proposing FDR like programs to restore our infrastructure, rebuild our public schools, modernize medical records, and more to get 2.5 million jobs created. Check out his speech to the peopleā€¦

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3 Comments:

Blogger Pink Granite said...

I can't remember a presidential transition as exciting and proactive as President Elect Obama's.
Just six weeks until the "only one president at a time" will be the one we need.
- Lee

3:17 PM  
Blogger Matt Barney, Ph.D. said...

This is just terrible news, for the educated - have you seen the UCLA study suggesting FDR extended the great depression by 7 years? http://newsroom.ucla.edu/portal/ucla/FDR-s-Policies-Prolonged-Depression-5409.aspx

And it was originated by protectionism that is headed our way http://www.washingtonpost.com/wp-dyn/content/article/2008/12/05/AR2008120502609.html

and the Fed http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021108/default.htm

12:21 AM  
Blogger Papamoka said...

I don't envy him for the job he has ahead of him Lee but I'm truly thankful he is the one that has it.

Welcome aboard Matt Barney. I'll have to check out those links.

5:34 AM  

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