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88 years ago, President Franklin Roosevelt stood before the Americans in Philadelphia and warned of the economic aristocracy who sought to control our markets as well as our democracy.
He spoke of people who accumulated great wealth and used it to shape the laws of our nation, serving their worldview rather than in the public interest. And he vowed that the government must serve the people, not the privileged minority.
The same challenges exist today, but now the billionaires themselves are taking over the government. They want to bankroll campaigns, set up loyalists, and allow them to control the government and create rules. They call for deep cuts in public education, such as eliminating funding to decent schools and working-class neighbours, to fund large tax credits for investors classes that we can’t afford. It’s there.
Our job for this generation is to rebuild the economy that works for not only powerful people but also many people. (Leigh Vogel/Wireimage | Michael Siluk/UCG/Universal Images Group via Getty Images)
They fight to deregulate social media platforms to increase the market value of businesses in my district, just as past railway barons fought against all regulations to protect their interests.
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They move fast, break things, treat our government like a personal experiment, blinding millions of Americans who rely on their services. Because they believe they have a right to rule.
They consider themselves to be a nobleman of talent and the chosen few who make their wealth and success a legitimate decision maker for the rest of us. In their eyes, business entrepreneurs, hedge fund managers and tech tycoons are the engines of America’s prosperity, and working families are expected to accept any scrapes dripping.
They believe that democracy should respond to their vision, interests and power. Regardless of the cost to society, they refuse to accept what separates humans from God, the mortality rate itself.
Republicans have been saying for decades that the government is bad, so we are in this moment. Democrats need to have the courage to insist that the government can work in good spirits.
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That means facing a decent school in a working class neighbourhood that relies on federal funds. That means defending Pell grants that help millions like me go out and pay back to colleges and student loans to finish our education.
That means not to hurt every American family with special needs children who need the IEP program and rely on federal funds. It also means protecting Social Security, Medicare and Medicaid so that all Americans can live with dignity and retire with financial security.
We have to ask ourselves. Will we allow a handful of powerful interests to determine our economy, work, and democratic future, or will we regain the promise of America that will allow hard-workers to flourish?
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That is our job for this generation, rebuilding the economy that works for not only powerful people but many, investing in American production, sharing the wealth they create, and in financial power Country courses to enable people to make decisions about us without any other country.
Franklin Delano Roosevelt confronted the economic royalists of his time. (Universal History Archive/Universal Images group via Getty Images)
It is up to us to make good in the fundamental American belief that our genius lies in ordinary Americans who are against world history, which belongs to kings, oligarchs, or politics alone.
You know, unlike Russia and China, America’s outstanding excellence is our belief in the infinite possibilities of all citizens. Today, our government must make a living from people working in factory towns and confront the impersonal economic forces that have concentrated their wealth in several cities.
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Our government must enable economic independence for citizens so that citizens can insist on controlling their destiny. Just as Franklin Delano Roosevelt stood up to the economic royalists of his time, we will ensure prosperity today, not from resentment, not from punishing wealth, but from ensuring prosperity is guaranteed. To confront an alliance of wealth and impureness of power was built by those who run this country.
That is our mission. This is our moment. And together, we stand up to meet it.
This operation was adapted by Kanna Rep. speech On the floor of the house on February 6th, 2025.
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