Filling FDR’s economic shoes, Obama-style

The Great Depression permanently changed the government’s role in the U.S economy, and it appears increasingly plausible that the current recession will have an equally lasting policy legacy. The
bailouts orchestrated by the Bush administration have been an absolute mess, but they present an opportunity to create new consumer protection-oriented economic programs the likes of which we haven’t seen since the days of Franklin Delano Roosevelt.

U.S. economic decline, Obama recovery plan get progressive scrutiny

After a full year of woefully inadequate government responses to dire economic conditions, President-elect Barack Obama will inherit an economy that faces challenges on just about every front.

Progressive media has been keeping a spotlight on low wages, abusive credit card policies and weak student loan programs of late, while maintaining a focus on Obama’s pending economic recovery package.

Kicking the Wall Street habit

As Barack Obama readies himself to lead the United States through what appears to be a scathing recession, he faces a choice between feeding the political sphere’s Wall Street addiction and investing in economic progress. Two key former Clinton cabinet officials could determine which course he takes.