While I share the hopes of many that Obama will be able to right the ship in a few years, I am aware that there are monstrous hurdles to overcome. Mistakes are inevitable, given the vagaries of how the economy works.
It was interesting reading how FDR's reported success in dealing with the Depression was less that uneventful. A review of his "errors" will help to moderate any exaggerated hopes, but it also offers support to the notion that his economic team will be more aware of the strategies that will lead in a positive direction.
I always promoted the notion that we were not doing well in terms of providing a nation that would serve well our children and grandchildren. I was concerned about the inequalities between our nation and other nations, the inequality within our citizenry, the drastic gap between pay for CEOs compared with employees, the misuse of fossil fuels, the drastic disregard of the earth given to us as a gift. I am living long enough to see some of the consequences with a more selfish attitude rather than one that fostered a notion that we are "children of God" and brothers and sisters in world that we need to love together if we are to sustain ourselves.
We can only hope that the present catastrophic economic collapse will restore those behaviors that will promote our collective well-being!
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