Hi, everyone, and welcome to the 1930s! Obama might as well take up smoking, start wearing a top hat, and call himself FDR. I'm especially looking forward to the return of the CCC and the WPA, not to mention the TVA.
But it's a smart move on Obama's part. It gives some tangibility to all this talk about multi-billion dollar stimulus packages. People can't see lower interest rates or increased deficiet spending. They have to take the government's word that it's doing something to help.
But rebuilding schools? Improving hospitals? That's something everybody can understand, something that's easy to see. It bolsters people's faith in the government. Obama wants to take the stigma away from the line, "I'm from the government, and I'm here to help."
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