How does Boris Johnson's 'new deal' compare with Franklin D Roosevelt's?
by Richard Partington from on (#556VH)
The promise of 5bn to rebuild Britain is a far cry from the US recovery scheme of the 1930s
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Boris Johnson invoked the 1930s New Deal of the former US president Franklin D Roosevelt (FDR) as he promised infrastructure spending to rebuild Britain's economy from the coronavirus pandemic.
The New Deal was a package of government spending used to drag America out of the Great Depression, but there are significant differences between Roosevelt's plan and Johnson's.
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