Bernie Sanders Proposes Modern Day New Deal
FDR's "New Deal" Did Not Bankrupt America and Neither Will Bernie Sanders
When Franklin D. Roosevelt was sworn in as the 32nd President of the United States in 1933, we know from history class that America was in big trouble at the time. Many economists, political scientists and historians believe that decades of Congressional indecisiveness during the Great Depression decimated the middle-class. (sound familiar?)
The ultra-wealthy dominated the political system, Wall Street was basically an unregulated casino, many workers didn't have union rights, and unemployment was high (all of which are once again true today).
So FDR went ahead and oversaw the second most radical transformation of American democracy aside from the Civil War. "The New Deal", which after being adjusted for inflation, is comparative in dollars to what U.S. Senator Bernie Sanders has proposed and it will be just as effective at reinvigorating our economy; which still hasn't fully recovered from the 2008 financial crisis.
The New Deal made America "Great Again" by providing jobs, building our roadways and transit systems, creating social security (which my generation will never see) and restoring national faith.
Listen, economics and politics aside, there is no denying that our infrastructure is crumbling and many of our bridges need to be replaced. Many of our roadways look like third world countries which are riddled with pot-holes and public safety hazards.
In my region alone, the Bourne and Sagamore bridges are nearly 100 years old and rank as some of the worst structurally sound bridges in the country. These two bridges were built as a result of the New Deal… We need another New Deal in order to fix our infrastructure and to reinvigorate the economy back to where it belongs.
Bernie Sanders will not bankrupt America, however, he may just save it from literally crumbling to pieces.
New Deal Hindsight
