Obama's New Deal
Ideology it appears has taken a backseat to expediency. 72 hours ago President-Elect Barack Obama announced plans to reinvigorate the American economy with the biggest public-works project since the 1950s. Criticism of what's being called the “New New Deal” has been scant as even ardent capitalists seem willing to wax socialist if it gets the country back on track. After all with unemployment on the rise the financial system crumbling around us General Motors (GM) Chrysler and Ford (F) facing extinction and a host of other economic maladies plaguing the system anything has to be better than the status quo. ...
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