PBR: Do We Need a New New Deal?
February 16, 2009 • by Jonathan Witt
In response to the question, “What are the moral lessons of the American Recovery and Reinvestment Act (ARRA)?”
Perhaps the most effective historical trope in pushing through the massive stimulus package on Capitol Hill has been the notion that if only the New Deal of the 1930s hadn’t had to wait more than three years for the election of FDR, the Great Depression might have been avoided. Continue Reading...