Saturday, April 25, 2009

Goodwin-"I don't think we've ever seen anything like Obama since Roosevelt."

Time Cover




But I don't think we've ever seen anything like Obama since Roosevelt."

The legislative achievements have been stupendous — the $789 billion stimulus bill, the budget plan that is still being hammered out (and may, ultimately, include the next landmark safety-net program, universal health insurance). There has also been a cascade of new policies to address the financial crisis — massive interventions in the housing and credit markets, a market-based plan to buy the toxic assets that many banks have on their books, a plan to bail out the auto industry and a strict new regulatory regime proposed for Wall Street. Obama has also completely overhauled foreign policy, from Cuba to Afghanistan. "In a way, Obama's 100 days is even more dramatic than Roosevelt's," says Elaine Kamarck of Harvard's Kennedy School of Government. "Roosevelt only had to deal with a domestic crisis. Obama has had to overhaul foreign policy as well, including two wars. And that's really the secret of why this has seemed so spectacular.

http://www.time.com/time/politics/article/0,8599,1893277,00.html

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