The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.
January 5th, 2009
Episode 77 of 911 episodes
With the incoming Obama administration planning for a $700 billion economic stimulus, the question now is whether a wave of government spending will revive the economy. For answers, we turn to the example of President Franklin Delano Roosevelt. If you're like me, you first encountered FDR in history class as the hero of the Great Depression. Lately, though, some people have renewed debate over whether FDR and the New Deal saved America or made matters worse. We'll start with historian Eric Rauchway, who considers a world in which FDR had done nothing.