New president, same old snake-oil economics

[BankruptPinoy]

I always said anyone that thought he was going to bring change was fooling themselves.

Sure he'll change some methodology but the undercurrent will remain the same.

Keep in mind FDR is the one that banned citizens from owning gold. He knew that until he could get the dollar off the gold standard he couldn't inflate it. So that's what he did. If there had been no WWII, FDR would not have been president for a third term. He was immensely unpopular in the late 30s due to his economic and social policies. It was only his promise to keep the United States out of the war in Europe that got him reelected. (The ban was lifted in a later year after FDR died).

Right on!