Quote:
Originally Posted by aceventura3
Perhaps he won't be, I don't know. And I certainly don't want a depression. My basic view is that our economy can not be micro-managed and that attempts to "fix" the economy can do more harm than good. Is Obama so smart that he won't make errors similar to those made in the past? So far the answer seems to be no.
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How "Hooverian" of you.
Now, how is Obama being so smart related to being the new Herbert Hoover?
Personally I think that the stimulus package was too small. That would certainly make him a bit like Hoover. I just have a hard time understanding the sense that you would find him to be like Hoover. Is it just the coincidence that he is also presiding during a recession? Or do you really think that Obama should be doing more of the things that are commonly associated with FDR, like a stronger devaluation of the currency, more spending, and more regulations?