That quote comes from FDR's "Simple Truths" speech to Congress in April 1938. It's as true today as it was 73 years ago.
FDR also said in that speech that "the liberty of a democracy is not safe if its business system does not provide employment and produce and distribute goods in such a way as to sustain an acceptable standard of living...Among us today a concentration of private power without equal in history is growing."
Some things never change, huh? I just wish we'd hear Democrats speaking like that today, and not being afraid to tell the truth to the American people, as FDR did in much worse times.
President Obama never was a leftist politician. He never pretended to be. He is a centrist or at best a center-left pragmatist who understands that getting half a loaf in the poisonous atmosphere in Washington today is far better than going for it all and losing it all. We also need to understand that this nation is, at best, a centrist country, with a tendency to lean to the conservative side unless self interest makes us want the federal government to save us from something. The good thing is that a majority of Americans support the social safety net and the programs given to us by those who have gone before, giants like Theodore Roosevelt, Franklin D. Roosevelt, Harry S. Truman, and Lyndon B. Johnson.
If you like knowing that someone has inspected the meat you are going to feed your children, thank TR. You also can thank him for the Pure Food and Drug Act, which banned food and drugs that are impure or falsely labeled from being made, sold, and shipped.