Is Obama like FDR with his legislation for economic recovery from an economic slump?

FDR had the first and second new deals.



Obama had the bailout and health care reform (so far).



Please answer thoroughly, include educated, non-hostile statements, and provide factual evidence supporting your argument.Is Obama like FDR with his legislation for economic recovery from an economic slump?hoodrich is pretty right here, but he gives FDR too much credit. FDR prolonged the depression 7 years.

http://newsroom.ucla.edu/portal/ucla/FDR鈥?/a>

capitalistic economies go up and down, government intervention usually hurts more than it helps.Is Obama like FDR with his legislation for economic recovery from an economic slump?
Yes.



They both made it worse!!!!!!Is Obama like FDR with his legislation for economic recovery from an economic slump?It doesn't really require great detail. They both spent money to kickstart the economy. it's a gamble, but it can work, especially, in FDR's case, if you have a couple of years making money out of war before you join in.Is Obama like FDR with his legislation for economic recovery from an economic slump?
FDR- used direct hiring for shovel ready jobs building things we needed like parks, roads, the golden gate bridge, and Hoover dam.



obama- ummmmm, errr, created some nothing government jobs, and uh? dug a tunnel for some turtles in Florida for some reason.Is Obama like FDR with his legislation for economic recovery from an economic slump?"Please answer thoroughly, include educated, non-hostile statements, and provide factual evidence supporting your argument."



You realize you're in Y!A, right?Is Obama like FDR with his legislation for economic recovery from an economic slump?
Obama hasn't done anything near what FDR did in getting the economy back on track. Under Obama, most of the federal money spent thus far has gone to banks and financial institutions that got the economy in a mess in the first place. Even with huge deficit spending by FDR, it took WWII to really dig America out of depression. America already has two wars going now. Maybe USA ought to escalate the wars, put them to an end and further stimulate the economy.