"Yet Wilson, together with his allies on Capitol Hill, also laid the foundation for the 20th century liberal state. He signed bills that created the Federal Reserve and progressive income tax rates, secured humane working conditions for merchant seamen and railroad workers, restricted child labor and curbed the power of large corporations. After the U.S. entered the war in Europe, his administration began operating the railroads, lifting the hopes of leftists who had long advocated public ownership of what was then a rich and vital industry.
"In 1916, Wilson accepted renomination with a speech that defined political conflict in terms that remain surprisingly fresh. Our programs, he told his fellow Democrats were 'resisted at every step by the interests which the Republican Party … catered to and fostered at the expense of the country, and these same interests are now earnestly praying for a reaction which will save their privileges, for the restoration of their sworn friends to power before it is too late to recover what they have lost.'"
Michael Kazin in The New Republic calls Woodrow Wilson "The Forgotten President."