Word: roosevelt
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...always thus. "One reads with dismay of Presidents Hoover and then Roosevelt designing policies to combat the Great Depression of the 1930s on the basis of such sketchy data as stock price indices, freight car loadings, and incomplete indices of industrial production," writes the University of North Carolina's Richard Froyen in his macroeconomics textbook...
...corporate responsibility. In Obama’s administration, it means advocating substantial financial reform without apology, illuminating the ills of the lobbying culture, and taking quick action against the Supreme Court’s recent, undemocratic ruling granting corporations the right to invest unlimited sums in political campaigns. Roosevelt attacked bankers and the titans of socially-detrimental enterprises from the right, standing up for individual entrepreneurial opportunity and a level economic playing field. Obama must attack from the left and stand up for the financial futures of America’s families and communities...
Pundits have been studying the wrong Roosevelt. President Obama shouldn’t look to Franklin, class of 1904—at least not this year, when anything like FDR’s serenity and gentility comes across as aloofness. Obama will have to adopt a different model for his sophomore effort. If the president is to eliminate what he referred to in his State of the Union address as the national “deficit of trust,” he needs to engage the average American’s concerns of economic foul play more directly and more...
...progressivism was nothing like the technocratic, scholarly progressivism of the present age. He was an active, animated federal regulator concerned with protecting the social fabric and the welfare of the ordinary American. He demanded sacrifice and hard work from his supporters and fair play from his opponents. Like Obama, Roosevelt was confronted with the task of actively restoring government’s credibility in an age of dramatic economic inequality and misconduct. Although Teddy didn’t face massive unemployment as Obama faces today, he did have to confront an economic elite disconnected from the public interest. To counter...
...quell violence in football would not be without precedent. A story in the Oct. 10, 1905, New York Times reads, "Having ended the war in the Far East, grappled with the railroad rate question and made his position clear, [and] prepared for his tour of the South ... President [Theodore] Roosevelt to-day took up another question of vital interest to the American people. He started a campaign for reform in football." T.R. used his bully pulpit to summon coaches from Harvard, Princeton and Yale to the White House for a little pigskin summit, imploring them to cut down on violent...