In many respects you are correct. Things got worse in FDR's second term as unemployment reached even worse levels and there was a double dip recession. Like in FDR's time, people adjusted to the new regulatory scheme and the economy started to recover some. But, FDR double-downed on his "New Deal" and things went south in a hurry. Obama is repeating the same approach of doubling-down on failed policies. The economy can only take so much of this silliness like "green jobs." Not hopeful that the public will understanding that giving people stuff is the wrong way to go as you just create dependency that way. Human nature dictates that if you give someone something they likely will just ask for more and expect more in the future.