Saturday, May 31, 2025

THE DEMOCRAT'S PROMISE


 Yes, Franklin D. Roosevelt (FDR) did express the idea of building from the bottom up, particularly in the context of his New Deal policies to address the Great Depression. 

One specific instance where he emphasized this concept is in his "Forgotten Man" speech in 1932. In this speech, he spoke of building "plans that rest upon the forgotten, the unorganized but the indispensable units of economic power...that build from the bottom up and not from the top down, that put their faith once more in the forgotten man at the bottom of the economic pyramid". 
The idea behind this "bottom-up" approach was to stimulate the economy by focusing on the needs and welfare of the ordinary people, rather than solely on helping businesses or the wealthy at the top of the economic structure. This concept was a fundamental part of the New Deal's strategies for relief, recovery, and reform. 
The New Deal programs, such as the Civilian Conservation Corps (CCC) and the Public Works Administration (PWA), aimed to provide jobs and relief directly to the unemployed and those struggling with poverty. Other programs, like the Agricultural Adjustment Act (AAA) and the National Recovery Act (NRA), aimed to boost agricultural prices and improve workers' wages and conditions. The Social Security Act, a cornerstone of the New Deal, created a system of social insurance for retirees, the unemployed, and the disabled, providing a safety net for those who had previously been vulnerable to economic hardship. 
By focusing on these "forgotten" individuals and addressing their basic needs, the New Deal aimed to "prime the pump" of the economy by stimulating consumer spending and ultimately fostering a more broadly prosperous and secure society. 

Yes, President Obama did emphasize a "bottom-up" approach in his economic policy and philosophy.

BUT THEY BOTH LIED






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