Steve & Susan, I certainly intended no "reprimand" but more historical background which didn't align with what Steve presented as a simple fact: "Roosevelt knew what path to take to end the Great Depression." While I think a much better case can be made for Biden knowing how to end Reaganomic kleptocracy, given the history of the time (a…
Steve & Susan, I certainly intended no "reprimand" but more historical background which didn't align with what Steve presented as a simple fact: "Roosevelt knew what path to take to end the Great Depression." While I think a much better case can be made for Biden knowing how to end Reaganomic kleptocracy, given the history of the time (and this IS primarily historically framed newsletter), it is my opinion that much less was recognized about the long term economic effects, namely the concentration of wealth, of what later came to be known as "supply-side economics" back then. I believe FDR did not know what to to do but did recognize that something different from Hoover's policies had to be tried and he found an enormously bright, well-educated woman to help him drive a recovery from the "Great Depression" in the person of Frances Perkins, the first woman to ever serve on a presidential cabinet. On March 25, 1911, Perkins witnessed the fire at the Triangle Shirtwaist Factory where 146 garment workers—mostly young women—lost their lives. (Management had locked the factory doors to prevent the workers from wasting the company's time with smoking or bathroom breaks.) It was, she later said, the day the New Deal was born.
In the wake of the fire, she was appointed to head New York’s Committee on Safety and principal investigator of a legislative commission that resulted in the most comprehensive state laws on workplace health and safety to date. Governor Al Smith appointed her to the state’s Industrial Commission in 1919 and later named her its chair.
Perkins joined FDR’s cabinet when he served as governor of New York from 1929 to 1933. Before appointing her, the two spent a day at the Roosevelt estate at Hyde Park. As FDR drove them around the property, she told him that if she accepted the position she would promote a progressive policy agenda that would limit the hours women worked, restrict child labor, develop a better workman’s compensation system, and broaden the state’s labor laws to more industries. He agreed and promised to help her. She soon became the most prominent state labor official in the nation, responding to the deepening economic depression and, at the same time, advancing her boss’s visibility. <https://livingnewdeal.org/frances-perkins-woman-behind-new-deal/ >
In short, the focus on protecting workers, on legislating and supporting workers, for the people rather than for business owners was what later proved to an effective economic stimulus leading to recovery from the Great Depression.
Steve & Susan, I certainly intended no "reprimand" but more historical background which didn't align with what Steve presented as a simple fact: "Roosevelt knew what path to take to end the Great Depression." While I think a much better case can be made for Biden knowing how to end Reaganomic kleptocracy, given the history of the time (and this IS primarily historically framed newsletter), it is my opinion that much less was recognized about the long term economic effects, namely the concentration of wealth, of what later came to be known as "supply-side economics" back then. I believe FDR did not know what to to do but did recognize that something different from Hoover's policies had to be tried and he found an enormously bright, well-educated woman to help him drive a recovery from the "Great Depression" in the person of Frances Perkins, the first woman to ever serve on a presidential cabinet. On March 25, 1911, Perkins witnessed the fire at the Triangle Shirtwaist Factory where 146 garment workers—mostly young women—lost their lives. (Management had locked the factory doors to prevent the workers from wasting the company's time with smoking or bathroom breaks.) It was, she later said, the day the New Deal was born.
In the wake of the fire, she was appointed to head New York’s Committee on Safety and principal investigator of a legislative commission that resulted in the most comprehensive state laws on workplace health and safety to date. Governor Al Smith appointed her to the state’s Industrial Commission in 1919 and later named her its chair.
Perkins joined FDR’s cabinet when he served as governor of New York from 1929 to 1933. Before appointing her, the two spent a day at the Roosevelt estate at Hyde Park. As FDR drove them around the property, she told him that if she accepted the position she would promote a progressive policy agenda that would limit the hours women worked, restrict child labor, develop a better workman’s compensation system, and broaden the state’s labor laws to more industries. He agreed and promised to help her. She soon became the most prominent state labor official in the nation, responding to the deepening economic depression and, at the same time, advancing her boss’s visibility. <https://livingnewdeal.org/frances-perkins-woman-behind-new-deal/ >
In short, the focus on protecting workers, on legislating and supporting workers, for the people rather than for business owners was what later proved to an effective economic stimulus leading to recovery from the Great Depression.