Obama Stimulus: More Old School Fix-ups, Less New Deal Grandeur

Quick spending to repair America's infrastructure is the priority for most of the bill's $787 billion. Instead of grand public works, officials seek to fix roads, schools, sewer lines and the like. Compared to the epic approach of President Franklin D. Roosevelt's New Deal, President Obama's economic recovery strategy could be summed up as: Think small -- in a huge way.

 

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