This was only the first phase/wave of the New Deal. There were three waves, starting in 1932 and ending in 1940. In the first phase, FDR encouraged Congress to pass 47 programs to stabilize the U.S financial system, provide relief to farmers and jobs to the unemployed, and build private-public partnerships to boost manufacturing. The impact of these laws was not felt right away but Franklin Roosevelt knew it would take some time. FDR pushed hard for a litter of new programs into existence, like the CCC (Civilian Conservation Camp), CWA (Civilian Works Administration), and WPA (Works Progress Administration).
One of the most famous New Deal programs was the Civilian Conservation Corps (CCC), and these workers are credited improving dozens …show more content…
New Deal part 1 describes several of the most important initiatives of the New Deal. One recurring theme in the recovery plan was Roosevelt’s pledge to help the “forgotten man at the bottom of the economic pyramid.” The New Deal’s impact was beyond staving off social upheaval, re-establishing trust in the currency, and putting people back to work. Franklin D. Roosevelt’s energetic, confident campaign rhetoric promoted something specifically for the “forgotten man.” Relief, Recovery and reform also affected the social welfare. Social Security, a program that continues to this day, was introduced by Franklin D. Roosevelt in the midst of the Great …show more content…
Before Barack Obama took office in 2008, the New Deal looked like it could become an example of what to do for everyone who was trying to understand and fix at the time what amounted to the worst financial crisis in US since the 1930s. However, is the New Deal really a useable model for this particular economic downturn? Economic orthodoxy- which is based on the idea of inequality- was the thinking the 1930s and seems to have surfaced today as evidenced by the running of Wall Street in the 2000’s. As the Obama administration got ready to take on this new financial catastrophe, it seemed to make sense to take a look back at the history of the New Deal. There was a lot to learn from it- not just from its achievements, but also from its
One of the most famous New Deal programs was the Civilian Conservation Corps (CCC), and these workers are credited improving dozens …show more content…
New Deal part 1 describes several of the most important initiatives of the New Deal. One recurring theme in the recovery plan was Roosevelt’s pledge to help the “forgotten man at the bottom of the economic pyramid.” The New Deal’s impact was beyond staving off social upheaval, re-establishing trust in the currency, and putting people back to work. Franklin D. Roosevelt’s energetic, confident campaign rhetoric promoted something specifically for the “forgotten man.” Relief, Recovery and reform also affected the social welfare. Social Security, a program that continues to this day, was introduced by Franklin D. Roosevelt in the midst of the Great …show more content…
Before Barack Obama took office in 2008, the New Deal looked like it could become an example of what to do for everyone who was trying to understand and fix at the time what amounted to the worst financial crisis in US since the 1930s. However, is the New Deal really a useable model for this particular economic downturn? Economic orthodoxy- which is based on the idea of inequality- was the thinking the 1930s and seems to have surfaced today as evidenced by the running of Wall Street in the 2000’s. As the Obama administration got ready to take on this new financial catastrophe, it seemed to make sense to take a look back at the history of the New Deal. There was a lot to learn from it- not just from its achievements, but also from its