Dust storms literally blowing the land away. Plagues of biblical proportion. A 20-30% unemployment rate. $10.00 a month welfare releif for a family of 13. Hobo jungles. Malnutrition, and starving. Our great-grandparents are spinning in their graves.
The depression of the 1930s was the monster of monsters. In 20 years, I probably won't even remember this most recent recession. Yet, if you watch a senior citizen who went through it or watched their parents go through it, you can see that it shapes every aspect of their lives; save, save, save, never indulge, never throw anything away. I'd say Obama doesn't have half the job FDR had.
But I'll try to answer the question with another question: Would it be a good thing if Obama adopted more FDR policy? The answer I think, is probably not.
Alot of FDRs programs actually cut back production and forced employers to pay workers higher wages. Which, in turn left employers hiring fewer and fewer workers. Most of the time the poor got poorer and everyone else just scraped by.
One of the largest sources of revenue for the New Deal was by tripling federal taxes. Of these taxes, the ones that raked in the most were excise taxes.
To paint a picture of how significant excise taxes are, consider that in the 30s, the amount of do-re-mi collected through excise taxes was larger than the revenues of personal and corporate income taxes combined.
The point is this: Who pays a disproportionately high percentage of excises taxes? You and me, the middle class. And those less fortunate than ourselves end up paying even more because...well....they have a pretty good reason to drink like fish and smoke like chimneys.