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Randa Abdelfattah and Ramteen Arablui

๐Ÿ‘ค Speaker
524 total appearances

Appearances Over Time

Podcast Appearances

Throughline
Al Capone and the transformation of the IRS

Goes into politics thinking this is the family business.

Throughline
Al Capone and the transformation of the IRS

My cousin, Teddy Roosevelt, he was a Republican.

Throughline
Al Capone and the transformation of the IRS

I'll distinguish myself by being a Democrat.

Throughline
Al Capone and the transformation of the IRS

He becomes assistant secretary of the Navy for a little while and then tries to run for vice president in 1920, loses, and within a year... He tragically is struck with polio and is no longer able to walk.

Throughline
Al Capone and the transformation of the IRS

By the way, this is Jason Scott Smith.

Throughline
Al Capone and the transformation of the IRS

He's a historian at the University of New Mexico who's written two books about FDR and the New Deal.

Throughline
Al Capone and the transformation of the IRS

This kind of illness striking someone who was so wealthy and seemingly led such a charmed life must have humanized him to many Americans.

Throughline
Al Capone and the transformation of the IRS

Roosevelt became governor of New York in 1929, just before the stock market crash.

Throughline
Al Capone and the transformation of the IRS

And during the first few years of the Great Depression, he watched as the Republican administration of President Hoover made a bad situation worse.

Throughline
Al Capone and the transformation of the IRS

Raising taxes on businesses, which meant they had less money to invest.

Throughline
Al Capone and the transformation of the IRS

And individuals, which led to more unemployment and fewer customers at stores.

Throughline
Al Capone and the transformation of the IRS

Raising tariffs to protect American jobs, which backfired and triggered a global trade war.

Throughline
Al Capone and the transformation of the IRS

And refusing to give direct aid to people, leading to a crisis of hunger and homelessness.

Throughline
Al Capone and the transformation of the IRS

So Roosevelt decided to throw his hat into the ring for the presidency.

Throughline
Al Capone and the transformation of the IRS

The Democratic Party declares its conviction that the chief causes of this... Roosevelt said the problem was too much government and he was going to cut it back.

Throughline
Al Capone and the transformation of the IRS

And his running mate accused Hoover of leading the country down the path to socialism.

Throughline
Al Capone and the transformation of the IRS

This is Lawrence Reed, President Emeritus of the Foundation for Economic Education.

Throughline
Al Capone and the transformation of the IRS

But once he took office, the kinds of advisors he listened to were the ones telling him that, no, we've got to go whole hog for as much government spending and relief programs as we can.

Throughline
Al Capone and the transformation of the IRS

That's the only way to get out of the Depression.

Throughline
Al Capone and the transformation of the IRS

So that's the way he went.