I’m seeing an analogy between 1929-34 and 2007-2009, with Bush as Hoover and Obama as FDR’s evil doppelganger.

Hoover has gone down in the popular estimation as a heartless, do-nothing president who just watched people suffer. Of course, he was actually quite a humanitarian and his Administration was more active in trying to fight an economic contraction than any previous one had been.

Roosevelt came in promising everything to everyone, but esp that he wouldn’t be Hoover, and as soon as he was in office started slinging ideas and programs all over the place, with an attitude of let’s just try everything, maybe something will work, trampling the Constitution and by virtue of all his programs creating uncertainty that froze capital in place.

Historical analogy is never perfect, but does all that sound familiar?