History probably considered the top three greatest american president s along with washington and lincoln. It is an assessment based on the fact he steered the nation through the two greatest crises. One internally, the Great Depression and one externally, world war ii. There has been a long and ongoing debate among historians as to whether history is influenced more by individuals or larger social, cultural and economic forces. I think it is of course both of those. Certainly it seems to me that Franklin D Roosevelt is a prime example of the significant of an individuals impact on history. Broader social and Economic Conditions that allowed fdr to become a great leader, but in his case i believe it was force of personality that was a paramount element as i think we will see as we go along. Rooseveltse presidency beginning with a brief look at the conditions in the country that led to his election in 1932. The economic collapse of 1920 nine had brought the worst conditions the country
Ongoing debate among historians as to whether history is influenced more by individuals or larger social, cultural and economic forces. I think it is of course both of those. Certainly it seems to me that franklin d. Roosevelt is a prime example of the significant of an individuals impact on history. It was broader social and Economic Conditions that allowed fdr to become a great leader, but in his case i believe it was force of personality that was a paramount element as i think we will see as we go along. Lets examine roosevelts presidency beginning with a brief look at the conditions in the country that led to his election in 1932. The economic collapse of 1920 9 had brought the worst conditions the country had experienced since the civil war. Herbert hoover seemed incapable of leading the way out of it despite some moderate attempts to do so. The suffering was widespread with approximately one quarter of the workforce unemployed and others having to take substantial pay cuts. The c
Welcome to todays lecture on Franklin Delano roosevelt. The man generally considered by historians to be the greatest president of the 20th century and even beyond that. Throughout all of American History probably considered the top three greatest american president s along with washington and lincoln. It is an assessment based on the fact he steered the nation through the two greatest crises. One internally, the Great Depression and one externally, orld war ii. There has been a long and ngoing debate among historians as to whether history is influenced more by individuals or larger social, cultural and economic forces. I think it is of course both of those. Certainly it seems to me that ranklin d roosevelt is a prime example of the significant of an individuals impact on history. It was broader social and Economic Conditions that allowed fdr to become a great leader, but in his case i believe it was force of personality that was a paramount element as i think we will see as we go alon
The s p 500 and nasdaq did break a threeday winning streak, so closing both lower today. We got data on jobless claims. Really awful. It goes to show you that the wall street recovery since those march lows, up 40 as you just noted, melissa. It is really outpacing main streets recovery. If you look at continuing claims here topping 21 million, it suggests that employers have been slower to hire back furloughed workers. Lets talk about the retailers. It is a particularly painful time for them. Hit first by the pandemic and now damage from the protest although you wouldnt know that from some of the retailers stock performances were seeing today. Take a look at nordstrom. It is up almost 10 . I want to Pay Attention to the gap here. Higher today too ahead of earnings any minute now but they did get hit by a lawsuit, Simon Property group because they hadnt paid their rent. Also the nasdaq 100. It did touch an intraday record high. It has since pulled back as Big Tech Companies pulled back.
And responsible fashion. During this time, americans must maintain strict vigilance and continue to practice careful hygiene, social distancing and the other protective measures that we have outlined, and that everyone has been very familiar with. We continue to be encouraged that many of the areas hit hard by the virus appeared to have turned the corner. For example, recent deaths are down very substantially. You can compare that with their peak not so long ago, and you 25 ,numbers of 30 , detroit as an example, is down over 50 . In new orleans, where they have done a terrific job, they are down 65 . 30 states had just one case or less per 1000 people. Thanewer cases per capita germany, united kingdom, spain, singapore, norway. The netherlands, austria, sweden. Administration continues to press conference to replenish the enormously successful Paycheck Protection Program which has impacted 30 million american jobs. We hope to have an agreement very soon, and hopefully tomorrow the sen