Relearning Old Lessons at Our Own Expense

By Philip Mella
02/20/2009

Although sanitizing history in service to political goals is a timeworn practice of those who lack confidence in their ideas, every political season it's dressed up in new garb as though it was opening night on Broadway. This time around it's the Democrats who are reanimating the New Deal of the 1930s to support their $1 trillion spending bill, arguing that only through massive federal spending can we reinvigorate the economy, in the same manner, so we're told, that FDR did some seven decades ago.


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