From USA Today:
Obama said he chose Roosevelt as an example because he took office at a time when wealth was concentrated in a very few hands and because he earned his reputation by going against the rich.
"It was an era known as the gilded age," said the Illinois senator. "Theodore Roosevelt decided not to play along."
Roosevelt earned a repution as a "trust buster," but the gilded age Obama refers to, by most historians' accounts, ended with the Panic of 1893, eight years before Teddy Roosevelt was sworn in as president.
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