The ultra-liberal Barak Obama and his liberal administration is facing a test of fundamental policies of the far left. Americans are about to see if liberal policies will really work during economic problems. Obviously, history has shown the liberal solutions to solve the Depression by FDR were failures. FDR was popular enough to make people believe his policies worked. But the Depression lasted until World War II broke out, and Americans, sacrificed in every possible way. A monstrous price was paid by the average citizen which is what really got us out of the Depression. Fuel was rationed, food was rationed, recycling of metals for war materials were huge costs citizens paid to be able to fight the Nazis and Imperial Japan.
Obama, is in a similar position. He has to prove liberal financial policies will work. He, like FDR is popular, but today, Americans are much more broadly informed with many more sources of information than citizens had back then. I, unfortunately, predict that Obama’s policies won’t work and the sacrifice will be just as great as it was during the Depression, but because Obama is not subject to any realistic criticism, even if his policies are failures, any proposal he makes, like FDR, will be reported as a success by the sycophant mainstream media.
But, Americans will see the futility of the leftist Democrat solutions, and realize that increasing spending, raising taxes, and forcing bankruptcy on liberal states and cities will be his result. That will turn Americans back to the conservative brand. It will also take a huge collapse in America, to teach Americans liberals their policies will be inevitable failures. That will be extremely difficult, but America will turn back to Republicans to solve the disaster that Obama will not solve. The question will be, will Republicans stand by the Reagan principles or once again abandon them as tax and spenders repeating the last cycle. Reagan principles are the the solution to today's economic crisis, like them or not. It's the only way.