We Can’t Go Home Again: Why the New Deal Won’t Be Renewed

Spilled across the title pages of progressive journals are demands for a new New Deal, a global New Deal, a New and Improved Deal, a reNewed Deal, and even New Deal 2.0. After Obama’s election, political cartoons—most notably, but not exclusively, on the cover of Time magazine—featured a jubilant, toothy Barack Obama with a cigarette holder, posing confidently in an open limousine à la FDR. Elsewhere, otherwise sober commentators began speaking of “Franklin Delano Obama.”

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