Obama's Victory Opens Door To New Economic Era

Washington Times :

The combination of economic crisis and a sea-change election gives President-elect Barack Obama an opportunity to transform the economy in ways not seen in a generation, many analysts say.

Supporters and critics alike are comparing current events to earlier transformational elections during economic crises, including the 1980 election of Ronald Reagan, which ushered in an era of lower taxes and less regulation, and the 1933 election of Franklin D. Roosevelt, which ushered in the New Deal era of greater government involvement and support for the economy.

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