The Great Depression Trademarks America

Powerful Essays
The Great Depression trademarks America at its all-time historical down point. In FDR’s Folly, Powell spotlights the presidency of Franklin Delano Roosevelt, astronomical levels of unemployment, as well as the New Deal program developed to combat the Great Depression. Powell, who was born and educated in London, earned a master’s degree in history and he clearly demonstrates his views to the reader. In his words, FDR’s presidency did not aid the economic state but drove it further back as well as his inability to solve of any of the problems within The Great Depression. The main goals of the New Deal programs were to lower the unemployment and help put money back into the U.S. economy which they did not do. With the FDR administration there was no change in the economic well-being within in the states. The Great Depression sparked an economic battle in the United States credited to FDR for his naïve decisions while president, forever scarring the face of the United States.
Franklin D. Roosevelt did the exact opposite of what America had anticipated. Roosevelt did not perform up to the expectations of a man of his incredible ideas . Many of the ideas FDR had culminated would have worked well in aiding the economy; however he could never execute them efficiently or at the right time. Many of FDR’s ideas for America were initiated with good intentions but fell short of their economic goals. We see this particularly when he issued one of his speeches on the backing of tariffs, he said “put the two together” . This is evidence that Roosevelt failed to thoroughly think through his speeches and what he was going to say. One of FDR’s plans was to seize control of all gold in the United States. During the Great Depression there was very...

... middle of paper ...

...nt of statistics and factoids. While we agree that many of the issues raised by the author contain an extreme anti-FDR/Liberal slant. By this we mean that the author finds essentially no 'positives' from any of what was done. Although in the aggregate the New Deal policies were not efficient in allowing the free market to adjust to the economic downturn of the Depression, we think the author should have acknowledged some of the positives that have come out of that era to add some balance to his arguments. Overall, however, this book was an eye-opening look at the actual economic effects of the New Deal.

Bibliography Page:
• Powell, Jim. FDR's Folly. New York: Three Rivers Press, 2003. Print.
• . N.p.. Web. 26 May 2013. .
• . N.p.. Web. 28 May 2013. .