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Wednesday, December 7, 2011

President Obama, in Kansas, Evokes Teddy Roosevelt in Call for Economic Equality


President Barack Obama returned to his mother's state of Kansas this week and called for a new economic equality that ensures shared prosperity and responsibility in the spirit of President Theodore Roosevelt

"Roosevelt understood the free market only works when there are rules of the road that ensure competition is fair and open and honest," the president said to the audience in Osawatomie, Kansas, a place President Roosevelt visited in 1910. "And so he busted up monopolies, forcing those companies to compete for consumers with better services and better prices. And today, they still must. He fought to make sure businesses couldn’t profit by exploiting children or selling food or medicine that wasn’t safe. And today, they still can’t."

You can read the entire speech here.

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