OKAY, CALL ME A SOCIALIST

The current ‘recession’ is the worst economic crisis this country has faced since the Great Depression. To make use of a cliché this crisis has affected everyone from Wall Street to Main Street. Effective, realistic means of dealing with the current crisis have to be used and some lessons from our not so distant past can help us cope with the current crisis. FDR’s New Deal programs offer some insight. Already financial reform on the same scale as that undertaken during the Great Depression has been enacted, now it is time for the recovery to begin through the development of new jobs and the return of a flow of income to the country's coffers. Call it liberal; call it socialist, I don’t really care. I call it wise. [Read the rest of this article...]