Fdr's Economic Changes

Following the aftermath of World War I, the United States was going through vigorous and vital economic growth known as the Roaring Twenties. The Unites States had a plethora of money as well as the necessary core goods to fuel the economy’s needs they were trying to build. Many technological advancements appeared as well, such as the creation of the traffic signal, the band aid, and the lie-detector. However in the year of 1929, the economy of the U.S changed for the worst. Starting in the summer of that very year, signs of a recession started to appear, such as the steady increase of stock prices and the drop in consumer spending. Finally on October 24, 1929, the stock market crashed. America went in to deep economic turmoil, and by 1933, …show more content…
Four of those justices were George Sutherland, James McReynolds, Pierce Butler, and Willis Van Devanter, who all came to be known as “The Four Horsemen”. They were against many of Roosevelt’s plans. For instance, two of the New Deal’s programs, the National Recovery Administration (NRA) and the Agricultural Adjustment Agency (AAA), were deemed unconstitutional by the Supreme Court. The NRA’s purpose was to get rid of dangerous competition by bringing together labor, industry, and government groups to create fair practices and set prices . The AAA was formed to restore the purchasing levels of farmers back to how they were before World War I. The Supreme Court felt that the two agencies were illegal because they interfered with individual state governments. In 1935, in the Unites States v. Schechter case, the Supreme Court ruled that the NRA was unconstitutional. They claimed that it violated the separation of powers under the United States constitution. They also argued that the AAA was hurting southern tenant farmers, also known as sharecroppers, in the South. In the United States v. Butler case, the AAA was deemed unconstitutional because the Court, as a whole, judged that the federal government was trying to regulate agriculture and, therefore, was invading areas of authority reserved for the …show more content…
Each gave their own opposition towards the plan and tried to repeal it in their own kind of way. The Supreme Court named two major programs of the New Deal unconstitutional. Huey Long and Francis Townsend both gave their own solutions for turning America around. Finally, business leaders from across America banded together and formed the Liberty League to fight the New Deal. However, they could not stop Roosevelt from making the New Deal what it is today. Even though WWII is given the credit for bringing the U.S. out of the depression, many of the New Deal’s programs have helped the U.S. to become what it is today. Without them, there’s no telling how the U.S.’s economy would