Passing thoughts on the "new New Deal"

Many observers are talking about the chances of Obama leading an initiative similar to FDR's New Deal, so these two items caught my eye this morning:

Obama Vows Swift Action on Vast Economic Stimulus Plan
[Includes "addressing neglected public infrastructure projects like roads and schools..."]

The New Deal Didn’t Always Work, Either
"The traditional story is that President Franklin D. Roosevelt rescued capitalism by resorting to extensive government intervention; the truth is that Roosevelt changed course from year to year, trying a mix of policies, some good and some bad. It’s worth sorting through this grab bag now, to evaluate whether any of these policies might be helpful."

I'm no historian nor a deep student of today's challenges. I'd welcome comments from those of you who are.