{"id":2729,"date":"2009-05-04T10:04:46","date_gmt":"2009-05-04T15:04:46","guid":{"rendered":"http:\/\/2parse.com\/?p=2729"},"modified":"2009-05-04T10:04:46","modified_gmt":"2009-05-04T15:04:46","slug":"the-value-of-a-safety-net","status":"publish","type":"post","link":"https:\/\/2parse.com\/?p=2729","title":{"rendered":"The Value of a Safety Net"},"content":{"rendered":"

Jean Edward Smith points out the obvious yet neglected truth about Franklin Delano Roosevelt’s achievements<\/a>:<\/p>\n

The safety net provided by the New Deal allows time for government to move deliberately.<\/p><\/blockquote>\n

This is one of the extraordinary things about the legacy of FDR – that even as the nature of the state itself has changed significantly since he was president, the institutions he created still serve some – if not the same purpose – as they did back then.<\/p>\n

Today, the safety net created by Roosevelt is an essential stabilizing factor in our society – on the order of regular elections, a civil society, a judiciary, a balance of powers.\u00a0<\/p>\n

The initial intention of these social safety net programs was consisent with the nation-states of the day, as they competed to see who could provide a minimal standard of living for various at risks groups – such as the elderly and the poor. But today it is far more useful as a stabilizing factor allowing businesses and government officials and individuals adequate time to respond appropriately to financial crises.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jean Edward Smith points out the obvious yet neglected truth about Franklin Delano Roosevelt’s achievements: The safety net provided by the New Deal allows time for government to move deliberately. This is one of the extraordinary things about the legacy of FDR – that even as the nature of the state itself has changed significantly […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[143,27,544,1032,23,4,458],"tags":[941,1718,1719],"class_list":["post-2729","post","type-post","status-publish","format-standard","hentry","category-barack-obama","category-domestic-issues","category-economics","category-financial-crisis-economics","category-history","category-politics","category-the-opinionsphere","tag-fdr","tag-franklin-delano-roosevelt","tag-jean-edward-smith"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8qcx-I1","jetpack_likes_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts\/2729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2729"}],"version-history":[{"count":5,"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts\/2729\/revisions"}],"predecessor-version":[{"id":2783,"href":"https:\/\/2parse.com\/index.php?rest_route=\/wp\/v2\/posts\/2729\/revisions\/2783"}],"wp:attachment":[{"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/2parse.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}