Word: rooseveltisms
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...Lower taxes might eventually create some jobs, but their efficacy has been recently tested with the Bush tax rebates. They didn’t work well. A new hypothesis should be that investing in infrastructure revives a failing economy better than lowering taxes. Roosevelt tried this, and it worked...
...Franklin D. Roosevelt, class of 1904—an ambitious, blue-blooded member of the New York clan—was steeped in the wealth and privilege of the Gilded...
...graduate of The Groton School, an elite New England boarding school, Roosevelt was one of a select few who traveled to Cambridge in his senior year of high school to scout premier dorm rooms. His suite of rooms would come to a sum of $400 a year—the annual salary of a working man at the time...
...Well-heeled freshmen, including Roosevelt, enjoyed the luxury of Gold Coast dormitories—ornate, privately owned residence halls that often included swimming pools and squash courts. These newly constructed buildings had recently replaced the antiquated Yard dormitories as the epicenter of student life...
Cantor says he knows he can't block everything coming through - otherwise the GOP risks being labeled the party of obstruction. (Just look at the Republicans' four-decade stint in Siberia after they tried to block much of Franklin D. Roosevelt's New Deal.) But he also won't simply roll over for Obama's agenda. In offering constructive criticism and viable alternatives, negotiating when possible and walking away when necessary, Cantor believes he's found the path back to that office with the spectacular view of the Mall...