It is not really true, as is often said, that history repeats. No historical analogy is ever 100 percent correct. What history does offer, if we’re smart enough to seek it, is a certain context for how decisions made long ago played out and that we might learn from those musty old facts. As historian David M. Kennedy recounts in his masterful, Pulitzer Prize-winning book, Freedom from Fear, at the start of his second term in 1937, Franklin Roosevelt made a series of decisions about the fragile U.S. economy that with perfect hindsight – it was 74 years ago – look as though they could have been made in the frightfully dysfunctional Washington, D.C. of the summer of 2011. In the Roosevelt era, the result was “the Roosevelt Recession” or the “recession within the depression”/Marc Johnson, The Johnson Post. More here.
Question: What action would you most hate to see taken at this point by Obama administration and/or Congress?