76 years ago, Franklin Roosevelt, who was then the Governor of New York, was engaged in a fierce Presidential campaign. The country was reeling from the stock market crash of 1929. Consumer confidence in banks had plummeted. The Great Depression was in full force at that time, and the American people had lost confidence that President Herbert Hoover had what it took to lead the country out of economic darkness. In April 1932, Governor Roosevelt, seeking the Democratic nomination for President, took to the radio waves and said this: I do not want to limit myself to politics. I do not want to feel that I am addressing an audience of Democrats or that I speak merely as a Democrat myself. The present condition of our national affairs is too serious to be viewed through partisan eyes for partisan purposes. He went on to say that troubled times call for us to: put [our] faith once more in the forgotten man at the bottom of the economic pyramid. . . . Here should be an objective of government itself--to provide at least as much assistance to the little fellow as it is now giving to the large banks and corporations. This is [an] example of building from the bottom up. Mr. President, the more things change, the more they seem to stay the same.…
Editor's note · Context
Reflecting on Franklin Roosevelt's 1932 campaign and its relevance to contemporary economic issues.
Share
More from Harry Reid
Get rid of the filibuster. It’s nothing. As Barack Obama said at John Lewis’ funeral, it’s part of the leftovers from the days of slave owners. You have got to get rid of it. It’s very bad.
As a result of that, Barack Obama will go down as having the most successful Congress in the history of the country. Barack Obama changed the world.
it is unclear what . . . duty [third-party set-top box providers] would have to protect programming content or otherwise comply with the licensing agreements
The United States is a country that people look to with envy because of our two-party system. It`s worked out well. I believe in the two-party system. The Republican Party, the Democratic Party is good for this country. Donald Trump has…





