The crisis [the Great Depression] discovered a great man in Franklin Roosevelt...None too soon he has carried America forward to the second stage of democratic realization. His New Deal involves such collective controls of the national business that it would be absurd to call it anything but socialism, were it not for a prejudice lingering on from the old individualist days against that word...Both Roosevelt and Stalin were attempting to produce a huge, modern, scientifically organized, socialist state, the one out of a warning crisis and the other out of a chaos.
The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s.
If you look at what happened, I came in the middle of the worst financial crisis since the Great Depression. And unlike Franklin Delano Roosevelt who waited, well, didn't take office until about three years into the Great Depression, it was happening just as I was elected.
Recovery measures work better when they raise confidence - as Franklin D. Roosevelt understood. His fireside chats, and his inaugural address proclaiming he would fight the Great Depression with the same resolve he would muster against a foreign foe, were aimed at reassuring Americans.
If Obama's vision of the public sector is socialism, then so too were the visions of Theodore Roosevelt, Franklin Roosevelt, Harry Truman, Dwight Eisenhower, John Kennedy, Lyndon Johnson, and Richard Nixon.
In the great depression, things could only be set right by causing the idle plant to work again . . . Roosevelt . . . spent billions of public money and created a huge public debt, but by so doing he revived production and brought his country out of the depression. Businessmen, who in spite of such a sharp lesson continued to believe in old-fashioned economics, were infinitely shocked, and although Roosevelt saved them from ruin, they continued to curse him and to speak of him as 'the madman in the White House.' . . . [It's one more] striking example of inability to learn from experience.
Capitalism can be alright, I mean Karl Marx didn't live to see what Roosevelt did with that Depression. He pulled everybody out of that Depression and everybody hated Franklin Roosevelt. He got into office four times. One after the other, with everybody saying, he can't get in again. Everybody voted for Roosevelt four times and he did a hell of a lot.
Franklin Roosevelt is one of the great leaders because he does get along with other people. He makes this huge effort. He's a very charming man. He tries to bring Joseph Stalin and Winston Churchill into this tripartite agreement to run the world. And he really was close. If he hadn't died in April of '45, the whole history would be different.
After World War II the Republicans - the Wall Street crowd - were very worried about a depression coming back. They hated Franklin Roosevelt in that crowd, my father among them. And there was a great fear in '46 that we'd fall back into the pits. And they always wanted to break up the Roosevelt legislation.
Facts are facts: No president since Franklin Delano Roosevelt in the Great Depression inherited a worse economy, bigger job losses or deeper problems from his predecessor. But President Obama is moving America forward, not back.
I think Franklin Roosevelt was a lousy president. What he did- which is to impose this great nanny state on America- was a great mistake.
By 1939, the Depression was back. Unemployment was huge. Roosevelt didn't have any quick fix. Remember, the New Deal, Works Progress Administration, and Civilian Conservation Corps - all that happened years before. Roosevelt was riding a storm.
Franklin Roosevelt had to govern at a time of crisis. If you're going to make changes in the way a nation thinks, you have to have the ability to take the crisis of the moment and use it to shape an agenda.
Since Democratic president Franklin Delano Roosevelt established the New Deal in the 1930s, radical conservatives have railed against the idea that the government should intervene in the economy.
There was the Missile Crisis, but one can't attribute to the [J.F.] Kennedy years anything like the problems that [Franklin] Roosevelt stood over and surmounted.
I can't tell you how many times at the breakfast table my dad would curse out Franklin Roosevelt. I love my father. He was an intelligent man, but he really didn't like regulations of the Roosevelt style, or the taxes. He was an Dwight Eisenhower man. And that's what Eisenhower did, committed to breaking down the program.
In America, we may acknowledge Washington and Lincoln as great men, and probably Franklin and Jefferson and maybe Franklin Delano Roosevelt and possibly even several more, but we would probably disagree about precisely what it was that made them great, what it was that enabled them to give a lasting direction to the course of events.