New Deal

When I try to explain what I think is required for these hard times, I’ve deliberately steered clear of one important phrase:  The New Deal.  It’s a tough phrase for a lot of reasons, not just because it’s loaded with meanings that people inherited from their grandparents.  The word “deal” does not mean “a new bargain”, the way we might use it today, but a new deal of the cards.  The old hand had been played out, the way FDR saw it, and it was time for what he could only call a “new deal”.  That strong frame for understanding what he was trying to accomplish is a bit lost – something I’ve started to regard as more of a problem than I first thought.

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