They said "short term" about FDR's New Deal too. And its opponents opposed it on the grounds that if it was different from state socialism, they'd sure wouldn't want to live on that difference. It's not very much talked about, but might they have had a point then? You're not going to hear about this in high-school American History class, are you? (American history is not, I think, very well taught in grades 1-12 -- in spite of my always enjoying it and getting good grades. I could see why some people got bored and tuned it out and I could watch them getting bored stiff too.)
And the present bureaucracy and multiplicity of Federal Agencies of this that and the other is still here, even after the Supreme Court dissolved the National Recovery Administration.
That Other NRA
It's best if most of us don't get fooled again. That way we can resist the harebrained headlong national debt increase and the inflation that will follow in its wake if implemented, and vote out the dopes who've enacted this whole attempt to dismember a fifth of the world's economy, namely the American economy.
The finger of blame has been pointed at the Federal Government, particularly certain named Congresscritters like Barney Frank, for rejiggering investment risk and lending risk to induce a too-large expansion of debt as a part of the national economy. This would not have occurred
without Congressional mandate, now would it have? Earlier Federal financial regulation was designed to contain the excesses of debt mismanagement that crashed the stock market and then everything else into the Depression. This earlier regulation was replaced by removing such regulation and insisting that credit be extended wider and wider and deeper and deeper -- and whattaya know, the debt burden grew to enormous size. It's a matter of public record, d'ya know. I mean, if Fox News Channel can find it, surely you can too, if you think you're smarter than a Fox.