Joe Biden’s spending spree is a sign that in the US big government is back

SourceThe National
SectorEconomy
CountryMiddle east

For years American presidents have been judged by their first 100 days in office. That measure of political vigour came as a result of President Franklin Delano Roosevelt’s remarkable first 100 days in 1933 during the Great Depression. It was a time when a quarter of Americans were unemployed; people queued up at soup kitchens; shanty towns sprang up on the edges of US cities. The 1930s American song Brother can you spare a dime captures the hopelessness of the period.

The words touch the heart even now, a worker lamenting the death of the American dream and reduced to begging: “They used ...read more...