Progressivism was the belief that the government could and should mandate something called the public good
At the dawn of the 20th Century, the U.S. Constitution had been unchanged for more than 40 years since the amendments of 1865-1870 that prohibited slavery. But then the country panicked. Fearful of the shift from an agrarian to industrialized society and the movement of people from the country to the city, the United States 100 years ago experienced a crisis of confidence that led to something called progressivism. Progressivism was the belief that the government could and should mandate something called the public good as opposed to traditional values of limited government and individual responsibility.
One of the ways that this manifested itself was the creation of the Federal Reserve System in which the federal government would retain some quasi-ownership of the nation’s banks, and would retain the right to intervene into economic affairs as a matter of public policy, but really political influence. All these things began under Republican Theodore Roosevelt and Democrat President Woodrow Wilson, the first progressive president who ushered in Franklin D. Roosevelt, Lyndon Johnson, Jimmy Carter and finally Barack Hussein Obama, and the long national nightmare of progressive (socialistic) politics.
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