By Ray LeMoine
A lot of us want Obama to come in and launch an FDR-style new New Deal, complete with a new WPA and restructuring of all state-funded programs. But I just remembered that it was Lend-Lease, when we basically built the British an army on credit, that began the end of the Depression. Of course, America’s building itself a world-class, Jap and German beating military was what really relieved our economy—not to mention upgraded us from a third rate to super power. So, now that we spend more than all other nations combined on defense—some $500 billion a year—are we going to have to use our military to take back some booty? Ha, maybe gunboat diplomacy be the answer to our economic distress. Oh wait, Bush tried that with Iraq. We’re fucked.