Evaluation of the New Deal 1. There are three main reasons why Roosevelt was supported in the 1932 election. The first was Herbert Hoover's unpopularity, people saw him as a "do nothing" president and they did not think that he was trying to "restore America". The truth was Hoover did try to restart the economy in 1930 and 1931 -after the Wall Street crash- by tax cuts, trying to persuade business leaders not to cut wages and introducing tariffs but most observers regarded it as tinkering and thought that they had trusted him and that he had let them down. People were sore about the loss of their money. Farmers had a slogan of "In Hoover we trusted and now we are busted." Even more damaging to his reputation was how little he tried to help people who were suffering because of the depression- unemployment, homelessness, hunger - he didn't do what Roosevelt says in one of his speeches from his campaign and " wage war against destruction, delay, deceit and despair." Instead he told his people that "prosperity was around the corner" and basically did very little about the growing numbers of "Hoovervilles". He believed that Social Security was not the responsibility of the Government and that Charities would help individuals. He believed in "rugged individuals" but due to a collapsed economy there was little work available for people to get back on their feet. Hoover done very little and said that they could "smile away the depression". He said that that there would be a "chicken pot on every table" and a "car in every garage". This was ironic as people were queuing for food such as bread to survive on and many lost all their homes a... ... middle of paper ... ...rom another depression- if there hadn't been weapons to be made to sell to Europe and then use themselves when America entered the war, there would have been few jobs for ordinary people and hardly any production either. It was better under Roosevelt that Hoover as Roosevelt took action, he sorted out the "Hoovervilles" and banks but he didn't sort out employment permanently which could have been more damaging in a way and its only thanks to the second world war that there wasn't homeless and hungry people again. I know that Roosevelt did do some good things such as restoring confidence but I have to say that based on what I have explained above, how Roosevelt just glossed the unemployment thing over and how the Second World War was America's saviour, that interpretation 2 is better supported thank interpretation 1 is.
The era of the Great Depression was by far the worst shape the United States had ever been in, both economically and physically. Franklin Roosevelt was elected in 1932 and began to bring relief with his New Deal. In his first 100 days as President, sixteen pieces of legislation were passed by Congress, the most to be passed in a short amount of time. Roosevelt was re-elected twice, and quickly gained the trust of the American people. Many of the New Deal policies helped the United States economy greatly, but some did not. One particularly contradictory act was the Agricultural Adjustment Act, which was later declared unconstitutional by Congress. Many things also stayed very consistent in the New Deal. For example, the Civilian Conservation Corps, and Social Security, since Americans were looking for any help they could get, these acts weren't seen as a detrimental at first. Overall, Roosevelt's New Deal was a success, but it also hit its stumbling points.
The stock market crash of 1929 set in motion a chain of events that would plunge the United States into a deep depression. The Great Depression of the 1930's spelled the end of an era of economic prosperity during the 1920's. Herbert Hoover was the unlucky president to preside over this economic downturn, and he bore the brunt of the blame for the depression. Hoover believed the root cause of the depression was international, and he therefore believed that restoring the gold standard would ultimately drag the United States out of depression by reviving international trade. Hoover initiated many new domestic works programs aimed at creating jobs, but it seemed to have no effect as the unemployment rate continued to rise. The Democrats nominated Franklin Roosevelt as their candidate for president in 1932 against the incumbent Hoover. Roosevelt was elected in a landslide victory in part due to his platform called "The New Deal". This campaign platform was never fully explained by Roosevelt prior to his election, but it appealed to the American people as something new and different from anything Hoover was doing to ameliorate the problem. The Roosevelt administration's response to the Great Depression served to remedy some of the temporary employment problems, while drastically changing the role of the government, but failed to return the American economy to the levels of prosperity enjoyed during the 1920's.
Roosevelt immediately gained the public's favor with his liberal ideas. In the first 100 days, Roosevelt stabilized banks with the Federal Bank Holiday. In the New Deal he fought poverty with the TVA, NRA, AAA, CCC, PWA, and CWA. These policies were definitely liberal in the 1930's and because of the new programs, Roosevelt received false credit for ending the Depression. Ironically Roosevelt succeeded only a little more than Hoover in ending the Depression. Despite tripling expenditures during Roosevelt's administration, (Document F) the American economy did not recover from the Depression until World War II.
The traditional view of Franklin D. Roosevelt is that he motivated and helped the United States during the “Great Depression” and was a great president, however, as time has passed, economist historians have begun analyzing Roosevelt’s presidency. Many have concluded that he did not help America during the Great Depression but instead amplified and prolonged the depression. Jim Powell wrote about FDR economic policies and did an excellent job explaining Roosevelt’s incompetent initiatives. Roosevelt did not know anything about economics and his advisors made everything worse by admiring the Soviet Union.
In his presidential acceptance speech in 1932, Franklin D. Roosevelt addressed to the citizens of the United States, “I pledge you, I pledge myself, to a new deal for the American people.” The New Deal, beginning in 1933, was a series of federal programs designed to provide relief, recovery, and reform to the fragile nation. The U.S. had been both economically and psychologically buffeted by the Great Depression. Many citizens looked up to FDR and his New Deal for help. However, there is much skepticism and controversy on whether these work projects significantly abated the dangerously high employment rates and pulled the U.S. out of the Great Depression. The New Deal was a bad deal for America because it only provided opportunities for a few and required too much government spending.
Interpretations of the New Deal The two statements show two very different interpretations of the New Deal. Interpretation I is very much in favour of the New Deal, where as interpretation II is not. I will use source based information and my background knowledge to back up both of these statements and then make a conclusion based on the evidence. Interpretation I gives much of the credit from the recovery to the New Deal, saying that "It gave them the confidence to lift the United States out of the depression".
Discussion of the Success of the New Deal Source A is part of a speech by Franklin D. Roosevelt during his campaign for the Presidency of America in 1932. Back then America, which had previously enjoyed an economic boom of prosperity, was gripped in the devastating Depression, a collapse of the economy. The President at the time, Herbert Hoover, was a Republican, and Republicans believed in a 'laissez-faire' policy. This meant that the Republicans would not interfere in industry or business, as he believed that non-interference brought prosperity. Therefore, he did little for welfare and relief to the poor and unemployed.
During the great depression, then President, Herbert Hoover disappointed Americans. America was therefore ready for a change. In 1932, Franklin Delano Roosevelt was elected as President. He pledged a “New Deal” for the country. According to Exploring American Histories, this New Deal would eventually “provide relief, put millions of people to work, raise price for farmers, extend conservation projects, revitalize America’s financial system and restore capitalism.”
Assessment of the Success of the New Deal FDR introduced the New Deal to help the people most affected by the depression of October 1929. The Wall Street Crash of October 24th 1929 in America signalled the start of the depression in which America would fall into serious economic depression. The depression started because some people lost confidence in the fact that their share prices would continue to rise forever, they sold their shares which started a mass panic in which many shares were sold. The rate at which people were selling their shares was so quick that the teleprinters could not keep up, therefore share prices continued to fall making them worthless. Also causing many people to lose their jobs as the owners of factories could not afford to pay the workers wages.
The New Deal was a set of acts that effectively gave Americans a new sense of hope after the Great Depression. The New Deal advocated for women’s rights, worked towards ending discrimination in the workplace, offered various jobs to African Americans, and employed millions through new relief programs. Franklin Delano Roosevelt (FDR), made it his duty to ensure that something was being done. This helped restore the public's confidence and showed that relief was possible. The New Deal helped serve American’s interest, specifically helping women, african american, and the unemployed and proved to them that something was being done to help them.
... programs were being enforced so quickly. All in all, President Roosevelt meant well and aimed to keep the nation at the peak of overcoming the Great Depression. The First New Deal had its withdraws but also had advantages. It is important for people in today’s society to understand that without the efforts of FDR to enact the New Deal, that the nation would have been in distress for much longer than it was. There is even a possibility that the nation could have fell into more depression in the long run if federal laws and programs were not made. By looking at the outcomes of the First New Deal and the Great Depression, we can learn a valuable lesson about money and stock management. It takes the consumer to keep the nation in good standing. Without the upkeep of the market, this can hurt many people in the country through loss of work, money, and emotional relief.
For the opposition and supporters alike, Franklin Delano Roosevelt was revered as a man who helped keep the United States intact during the lamentable days of The Great Depression. After a decade of unprecedented economic ruin, most recognized that Roosevelt took necessary measures to ensure the subsistence of American society. However, where disagreement resided was in the question of whether the New Deal did too much or too little in regards to implementing lasting political, economic, and societal change. Emphasizing this divide, many of the leading politicians and thinkers of the Depression era vocalized their thoughts on Roosevelt’s New Deal policies. Roosevelt’s adversaries, for example, were starkly damning. Huey
FDR enters the election with a strong, but not unbeatable, hand. The measures that FDR took during his first term in the White House didn’t produce prosperity. But they were able to pull the country out of depression and made sure that millions of people were better off than they had been when he first took office (Boller, P.240). Still the economy remained sluggish and eight million Americans were without jobs. At this election, he brought out the New Deal that would help all groups and firms. By this time Roosevelt had become the center of both passionate adoration and burning hatred. With millions of Americans support he had become more popular than the New Deal itself (Boller, P.240). Critics from various points on the political spectrum such as Father Coughlin and Dr. Francis Townsend had spent much of the previous two years attacking the President. They supported Representative William Lemke of the newly formed Union Party in the 1936 election (American President: A Reference Resource).
...eeper hole. The American’s lack of attention during the first crashes of the stock market continuously led to a greater and greater downfall of banks and companies. As a result, the unemployment rate sent thousands of people and families rushing to find jobs opportunities elsewhere. This led to abandonment for many families. The great drought caused even more hardships and also sent my farmers and families searching for jobs. To the nations rescue, President Franklin D. Roosevelt was elected and provided many alternative solutions for repairing of America. Roosevelt supplied hundreds of thousands with jobs. He also had acts passed that saved banks and found solutions to protecting American jobs. The beginning of World War II marked the ultimate end of the depression. Although this was the start of another great war, it was also the end of a terrible time in history.
The New Deal period has generally - but not unanimously - been seen as a turning point in American politics, with the states relinquishing much of their autonomy, the President acquiring new authority and importance, and the role of government in citizens' lives increasing. The extent to which this was planned by the architect of the New Deal, Franklin D. Roosevelt, has been greatly contested, however. Yet, while it is instructive to note the limitations of Roosevelt's leadership, there is not much sense in the claims that the New Deal was haphazard, a jumble of expedient and populist schemes, or as W. Williams has put it, "undirected". FDR had a clear overarching vision of what he wanted to do to America, and was prepared to drive through the structural changes required to achieve this vision.