Word: roosevelt
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Dates: during 2000-2009
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Economic crises come and go, but entitlements are forever. The Great Depression eventually dissipated, but Franklin Roosevelt's crown jewel - the Social Security system - is still with us. And so it will be with the Obama Administration. The early headlines have been all about the President's efforts to repair the financial system and jump-start the economy. If he succeeds, he probably will be re-elected. But Barack Obama's place in history will be determined by the long-term structural changes he initiates, and his most important legacy battle is just beginning as Congress tackles the holy grail...
...Smoot-Hawley tariff bill signed by President Herbert Hoover is attributed by to President Franklin Roosevelt and - oh, yes - referred to by as the "Hoot-Smalley" bill...
...Roosevelt was enormously popular (hence the fourth term), and later administrations have tried to associate themselves with his early success. "Jerk out every damn little bill you can," President Lyndon Johnson reportedly commanded his strategist Larry O'Brien in 1965. "Put out that propaganda ... that [we've] done more than they did in Roosevelt's hundred days." Propaganda or not, Johnson actually had a very effective 100-day run: after being sworn in as Kennedy's sudden and unexpected successor, he advanced the passage of the Civil Rights Bill, established the Warren Commission to investigate J.F.K.'s assassination...
Ronald Reagan beat Roosevelt's 24-hour effectiveness record when the 52 U.S. diplomats held hostage by Iranian militants for 444 days were released on Jan. 20, 1981 - the same day on which he took office. Reagan's next 99 days were a bit more subdued, but they still featured $41.4 billion in proposed budget cuts, large tax breaks, the formation of an oversight council to combat government corruption and a dramatic assassination attempt. When John Hinckley Jr. shot Reagan on March 30, 1981, the President's approval rating jumped as high as 68%, but by the 100-day mark...
Barack Obama may be the first President to actually rival Roosevelt in terms of the sheer number of changes. Only 6% into his 1,461-day term, Obama has already signed a $700 billion stimulus bill, tried to bail out Detroit, lifted a ban on stem-cell research, planned a withdrawal from Iraq, reached out to Cuba and authorized the release of Bush-era torture memos. Oh, and he got a dog. Roosevelt didn't adopt his beloved Fala until the end of his second term...