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Franklin Delano Roosevelt: A Success Or Failure?

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Was the New Deal created by Franklin Delano Roosevelt a successful or a failure? It depends on your definition of success. Many would say no, because their point of view on success with the New Deal was complete abolishment of poverty and unemployment which hasn't been reached yet in today's world. If the New Deal's definition is overall growth the New Deal’s success is undeniable.
The FDIC was created mainly as a hope and faith gainer while insuring 2,500 hundred dollars for bankers. Why this was one of the more important agencies is because the world would not be the same today without it. If it were not created there could have been more bank runs in the future because of another crash in the economy. Today it is used in part with other more reassuring agencies the FDIC was further strengthened by a 2005 law that merged the two deposit funds and empowered the FDIC. While the FDIC seems all good it may not be the best against …show more content…
The unemployment rate in 1929 was as low as 3.14 but when the Great Depression hit it almost immediately raised to 8.67. The rates did nothing but keep raising until the New Deal was introduced soon after the rates plummeted from it peak of 24.75 in 1933 to 19.97 just 2 years later. It did not stop there it continued to drop and the lowest it reached before another slight recession was 14.18%. One of the agency's fed over 80,000,000 meals serving them at over 10,000 schools. Knowing how people were starving because they couldn't afford food just shows how impactful one slim part of the New Deal was successful. The New Deal’s success comes down to opinion and obviously its factual help. The New Deal created multiple opportunities for jobs whether it was making meals for the starving or helping set up the banks to lead to a better and safer way of banking. Overall the New Deal was successful in the eyes of progression and

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