FDR's achievements have always been as much political as economic. What the 32nd president did was to shift the 20th-century paradigm from neoliberal let-alone to state intervention. He convinced the American people that society as a whole, operating through the federal government, must and could protect itself against the impersonal and amoral vagaries of the market.So untrammeled state power is an end in itself, not simply a means to security or prosperity.
Get off my land!
31 minutes ago