A compelling case for second tenure of President Bola Ahmed Tinubu.
The post A compelling case for second tenure of President Bola Ahmed Tinubu appeared first on Vanguard News .
By Patrick Obahiagbon Students of American political history would be consensus ad idem with me that it was the “New Deal” of President Franklin Delano Roosevelt (FDR) of the United States of America (USA)1933 to 1945, that recalibrated the American political economy, redefined the relationship between the government and the masses of the people, and indeed , actualized the programmes of the welfare state as theorized by the nobel winning John Maynard Keynes.
Government spending, job creation, policies for old-age pensions, unemployment insurance, insurance for widows and orphans as provided in the USA Social security Act of 1935 were the defining elements of the New Deal of President Franklin Delano Roosevelt.
Indeed, FRD reportedly thought outside the box, and implemented these far- reaching economic reforms, which took the USA out of the world economic depression of the 1930s through to the end of the Second World War. Then the boom of the successive years followed. Today, the economy of the USA leads the rest of the World’ s economies with 32.6 trillion dollars Gross Domestic Product ( GDP). Just like FDR, the irreplaceable and irrepressible President Bola Ahmed Tinubu is taking Nigeria on the path of a New Deal.
MSEApp News is publishing an original rewrite of this tip for readers, based on reporting associated with Vanguard.