The lessons of Franklin Roosevelt are relevant today, especially the need for an activist government to “promote the general Welfare” by investing in infrastructure and combating the power of “organized money.” But many Democrats shy away from the debate, says Beverly Bandler.
Exclusive: Dick Cheney’s new book about his life-saving heart transplant has drawn much fawning coverage. But little attention has gone to the hypocrisy of the ex-vice president accepting expensive government-funded surgeries while endorsing the Tea Party’s campaign to deny health coverage to millions of Americans, writes Robert Parry.
Many Americans don’t know where the Great Middle Class came from. They see it as a natural outgrowth of “free-market capitalism” when it was really the product of conscious government policies, starting with the New Deal. That confusion must be addressed in this political season, says Beverly Bandler.
With Mitt Romney exposed as another disciple of Ayn Rand’s gospel of makers and takers, Election 2012 is shaping up as a test of whether the United States will embrace the laissez-faire Gilded Age or uphold the New Deal with its middle-class values. Will Franklin Roosevelt be honored or rejected, asks Beverly Bandler.
Until the Great Crash of 1929, the federal government did little to regulate the power of Wall Street as it precipitated cycles of boom and bust that ruined the lives of many Americans. That history is now being forgotten as Republicans move to dismantle what’s left of the New Deal, says Lawrence Davidson.
From the Archive: As Republicans and the Tea Party seek to dismantle the New Deal’s social contract, one of their heroes, Dick Cheney, concedes that his personal success traces back to the federal government’s intervention against the depredations inflicted on Americans by “free-market” capitalism, writes Robert Parry.
Exclusive: For half a century – from the depths of the Great Depression until the rise of Ronald Reagan – the U.S. government invested in building the nation and funding key research. And the country flourished. But Reagan then reversed those priorities. The results are in, writes Robert Parry.
Exclusive: Dick Cheney is an inspiration to right-wing Republicans set on dismantling the New Deal and getting rid of as many government jobs as possible. But Cheney’s memoir traces his success in life back to the security created by the federal programs of Franklin Roosevelt, writes Robert Parry.