Dan
Calabrese
Read Dan's bio and previous columns here
February 26, 2009
Obama’s FDR Hero
Complex
Seventy-six years ago, with the nation mired in a deep depression and no
hope in sight, an heroic president took the reins, instituted massive
federal initiatives of every conceivable nature and brought America back
to prosperity.
Oh, I know, this is a popular myth and it didn’t really happen that way.
But I’m not so sure Barack Delano Obama knows that. President Obama
gives every indication that he believes the FDR-as-savior narrative, and
that he intends to repeat the exact same dramatic, if fictional,
Washington-initiated rescue.
Franklin Delano Roosevelt initiated massive public works programs –
everything from the Works Progress Administration to the Civilian
Conservation Corps – as well as massive entitlement programs like Social
Security. Yes, the federal government took bold action like never
before. Yes, FDR assured the nation in his “fireside chats” that the
only thing we had to fear was fear itself. Yes, the electorate put its
trust in the new president and got behind his agenda.
All that is true. The only part that isn’t true is that all this heroic
federal action brought us out of the Great Depression. While the economy
had relative highs and lows – an uptick after the low point of 1933,
then another deep downturn starting in 1938 – the fact remains that
unemployment was still as high as 14 percent until the federal
government began massive defense spending in support of the war effort
beginning in 1940.
So, if you’re excited about the idea that the economy will start rolling
again in 2016 – because of a war – then you’ll love the idea of
Obama as the second coming of FDR.
Perhaps this is what happens when we elect a man to whom the electorate
and the media ascribe super-human abilities, in spite of the fact that
he has no track record of achievement whatsoever. We encourage our
amateur chief executive, puffed up by his own adoring press, to believe
he can do anything to save the day.
Obama’s approach gives every indication that he brought a hero complex
with him to the Oval Office. The economy is in the doldrums, but we’ve
seen worse, and much of what’s going wrong is actually a series of
necessary corrections for an economy that relied too much on the
imagined value of assets, instead of actual productivity and the ongoing
creation of wealth and value. A lot of the failure you get with an
economic downturn like this is cathartic. Without it, you only
perpetuate the bad practices that got us here in the first place.
But Obama, who understands none of this – and indeed, who knows so
little about economics that he said during the campaign that we need to
“reward work instead of rewarding wealth” – only sees The Greatest
Crisis Ever, and believes that the federal government, personified by
himself, must save the day because he is the man.
Obama is already enjoying the kind of adulation one would expect for a
Super President, including news stories the day after his address to
Congress labeling it the “21st Century Fireside Chat.” His
rhetorical ability to make almost any initiative sound reasonable is
superior. He is, as John McCain said last summer, the biggest celebrity
in the world.
Perhaps that is why he can make statements that cannot possibly be
defended – we’re going to balloon the deficit to three times the
previous record, and then cut it in half? – and no one seems to notice
the problem.
Obama is borrowing and spending such massive amounts of money, all to
“stimulate” the private economy with largely public-sector largesse,
that $5 billion here or $20 billion there hardly seems to matter
anymore. Indeed, when private companies ask for $30 billion in bailout
funds, the fact that we’re spending $700 billion elsewhere is actually
used as an argument in favor.
“You did it for them! Do it for me!”
Oy.
One of the most illustrative moments of Obama’s speech on Tuesday night
was actually one of the intended feel-good moments. Obama hailed a young
girl from South Carolina whose school was having all kinds of problems.
She took action. What action did she take? She wrote a letter to
Congress asking for help.
Ladies and gentlemen, meet your new 21st Century American
hero – the citizen who takes the bold and decisive action of asking for
government money.
But hey, why not? There’s virtually no limit to who can get it or how
much. We’re having the biggest crisis ever, and only the greatest super
president ever can save us, just like that other great super president
who spent federal money like never before – and oh, by the way, didn’t
actually fix anything . . . but don’t spoil the president’s hero
complex.
It
would be a messy shame if he realized from 1,000 feet up that he can’t
really fly.
© 2009 North Star
Writers Group. May not be republished without permission.
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