[lbo-talk] More premature Obama/FDR comparisons, this time from Newsweek

Doug Henwood dhenwood at panix.com
Fri Nov 14 11:49:40 PST 2008


On Nov 14, 2008, at 7:12 AM, shag carpet bomb wrote:


> what do you think it's about Doug?

[The collective fascination with Obama as FDR, that is.]

People are anxious and looking for a savior, of course. We haven't had a severe recession in the U.S. in 26 years. Since the median age of the labor force is about 41, well over half have no working memory of 8-10% unemployment.

Doug



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