More FDR lessons for Obama

This weekend saw more attempts to draw apply lessons from FDR’s first 100 days to today’s financial crisis from David Ignatius and On the Media. Ignatius:

[By backing the Bush rescue plan, Obama has lost that complete freedom of action. But he didn’t really have a choice. More worrisome is that he hasn’t yet articulated a larger plan for economic reconstruction. Indeed, he ducked the issue in the first presidential debate…[FDR’s} real success in 1933 was that he conveyed to a frightened country that he knew what he was doing and never let on that he was, as his biographer Burns says, “playing by ear.


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