Word: roosevelt
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Dates: during 2000-2009
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...idea of our annual making of America issue is to use history to help explain the challenges of the moment. No historical figure does that better than Franklin Delano Roosevelt. This is not a new idea, of course--we did a cover image of President Obama in the guise of F.D.R. back in November. But this week, we dive deeply into F.D.R.'s Administration and discuss what the new President can learn from how F.D.R. dealt with both the Depression and a gathering international storm. As former President Bill Clinton writes in his insightful back-page essay, "Roosevelt...
...time when opinion polls suggest that Obama is more popular than his policies, the President can take a page from F.D.R. The first President to use private polling, Roosevelt understood that his popularity could help propel his political agenda. Personality doesn't trump policy, but it can drive it. F.D.R.'s relentless optimism (the motto that graced his office was LET UNCONQUERABLE GLADNESS DWELL) helped him sell his policies to America...
Proposition 13 was the brainchild of the late Howard Jarvis. The antitax crusader was a policy genius not unlike Franklin D. Roosevelt. Both shared an affinity for designing deep structural change that, once embedded in the political system, is nearly impossible to alter without a massive change of heart by voters. Social Security is the lasting legacy of the New Deal era because F.D.R. understood that workers who contribute payroll-tax deductions from their paychecks would not want politicians tinkering with their retirement dollars. Conservatives have mounted assaults on Social Security through the years but to no avail...
...secretary. But this time he chose to remain in Washington, eventually renting space in a downtown office building, hiring a staff of several people, and setting up a new headquarters not far from his house in the city. On the walls of the office, Rumsfeld hung photos of Teddy Roosevelt and Harry Truman, framed certificates marking his own years of service under several presidents, and other mementos. In a corner stood a parting gift from the Joint Chiefs of Staff: a bronze bust of Winston Churchill with a cigar in his mouth. The inscription, quoting Churchill, read, "Victory is never...
...description isn't wrong. The Obama plans would, if enacted, amount to the biggest changes in financial regulation since the 1930s. But don't let this make you think the Obama reforms even approach in significance and forcefulness the changes made back then. In the early days of the Roosevelt Administration, Congress set up the Securities and Exchange Commission and charged it with strictly regulating markets, split banks from investment banks with the Glass-Steagall Act, created the Federal Deposit Insurance Corp., and enacted all manner of other game-changing financial reforms. It's not just that the Obama reforms...