Is Obama adopting FDR's New Deal economic policies ?

Gottfried Haberler, Professor of Economics at Harvard , a President of the American Economic ociation and the world's leading authority on depressions, called the failure of the New Deal a policy disaster "unparalleled in other countries." Winston Churchill said in 1937: "The Washington administration has waged so ruthless a war on private enterprise that the US...is actually...leading the world back into the trough of depression."