NewsOK member benefits
Web Search powered by YAHOO!
Published: November 30, 2008
Concerns about a new New Deal
WASHINGTON — Early in what became the Great Depression, John Maynard Keynes was asked if anything similar had ever happened. "Yes,” he replied, "it was called the Dark Ages and it lasted 400 years.” It did take 25 years, until November 1954, for the Dow to return to the peak it reached in September 1929. So caution is sensible concerning calls for a new New Deal.
The assumption is that t...
You have selected to view an article that is older than 60 days. Get access to all our historical content by purchasing a pass to The Oklahoman. Select the option that works best for you.
Archive Subscription types & rates
