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OpEdNews Op Eds    H3'ed 8/12/12

Austerity Hastens Economic Decline

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Obama promised "change you can believe in" and lied.

In his second inaugural address, Roosevelt saw "one-third of a nation ill-housed, ill-clad, ill-nourished."

Millions, he said, had too little income to live on. Disaster threatened them daily. Millions more had many other hardships. He promised to help more and did.

In his last State of the Union Address (January 11, 1944), he proposed a second bill of rights. He called the initial one "inadequate to assure us equality in the pursuit of happiness." His solution was an "economic bill of rights." He wanted it to guarantee:

  • employment with a living wage;
  • freedom from unfair competition and monopolies;
  • housing;
  • medical care;
  • education; and
  • greater social security than provided in his first 11 years in office. He urged greater protections from the economic fears of old age, illness, accident, and unemployment.

He called his proposal "security. And after this war is won we must be prepared to move forward, in the implementation of these happiness and well-being."

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