Leo Hindery

Leo Hindery Jr., a corporate CEO (and former journeyman sheetmetal worker), is chair of the Smart Globalization Initiative at the New America Foundation.

Recent Articles

FDR Had It Right

If the economy is going to come back, we need
to buy -- and make -- American.

Our greatest primary task," said Franklin D. Roosevelt in his first Inaugural Address, "is to put people to work." Roosevelt had no doubt that this task took precedence over all others. "Our international trade relations," he continued, "though vastly important, are in point of time and necessity secondary to the establishment of a sound national economy." Today, with nearly 31 million American workers now effectively unemployed -- including an unprecedented 14.9 million who are unwilling part-timers or who've dropped out of the work force because they can't find employment -- the "primary task" before the Obama administration and this Congress is also to put people to work. The real unemployment rate in the country today isn't the official 10.2 percent but a staggering 19.2 percent. Even the average full-time worker is now working only 33 hours a week, a record-low that represents a loss of hours and wages of 17 percent. And these dismal figures do not adequately depict the...