A New New Deal under Obama?

  • John Bellamy Foster
  • Robert W. McChesney
Keywords: Political Economy

Abstract

With U.S. capitalism mired in an economic crisis of a severity that increasingly brings to mind the Great Depression of the 1930s, it should come as no surprise that there are widespread calls for "a new New Deal." Already the new Obama administration has been pointing to a vast economic stimulus program of up to $850 billion over two years aimed at lifting the nation out of the deep economic slump.
Published
2009-02-01
Section
Review of the Month