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Reply #10: "What have you done for us lately?" as they say in sports. Gratitude, if it exists, is short-lived [View All]

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pampango Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-09-09 11:57 AM
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10. "What have you done for us lately?" as they say in sports. Gratitude, if it exists, is short-lived
in politics as in sports.

Plus, my guess is that there are quite a few that are not happy that he "chose to save the capitalist system". Herbert Hoover let the banks fail at the beginning of the Great Depression. He thought that letting banks fail was a way to weed out the weak ones thereby strengthening the economy long term. He also thought that enduring hard economic times was good for the American people's moral fiber. And, of course, he sought to cut spending to balance the budget in light of declining revenues which worsened the decent into the Depression.

FDR believed the opposite in each instance. While the comparisons between FDR and Obama may be stretched at times, the latter did undertake policies more similar to FDR's than to Hoover's.
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