Obama spending mimics FDR failure
President-elect Barack Obama plans to spend the U.S. out of the current economic crisis. In other words, he will revive the policies of Franklin D. Roosevelt, who helped keep the Great Depression going for 11 years. That does not represent "change." but a failed policy of the past.
At that time, the federal government funded make-work projects like the Warrenville Dam, which the DuPage County Forest Preserve District will knock down, since it serves no commercial or environmental function.
I suppose that as soon as the dam is down, Obama's people will come out a build a new one, just to "spur" the economy. Such projects kept the unemployment level at 25 percent.
The Depression ended with the entrance of the U.S. into the worst, most murderous and destructive world war in history. Drafting millions of able-bodied men out of the labor pool, no doubt, drastically reduced the unemployment rate.
Yet, the intellectuals hailed FDR as a hero, as they will hail Obama (even when the Democrats draft women), because the purpose of such spending is not to fix a suffocating economy but to keep the Democrats in power. In that way, government spending worked very well, indeed.
George Kocan
Warrenville