Thursday, October 13, 2011

What the New Deal Accomplished

Since we hit on the New Deal from time to time, this excerpt from a book defending it is worth a read. Some argue that the current economy could benefit from a similar jolt:

The New Deal physically reshaped the country. To this day, Americans still rely on its works for transportation, electricity, flood control, housing, and community amenities. The output of one agency alone, the Works Progress Administration, represents a magnificent bequest to later generations. The WPA produced, among many other projects, 1,000 miles of new and rebuilt airport runways, 651,000 miles of highway, 124,000 bridges, 8,000 parks, and 18,000 playgrounds and athletic fields; some 84,000 miles of drainage pipes, 69,000 highway light standards, and 125,000 public buildings built, rebuilt, or expanded. Among the latter were 41,300 schools.