His entire argument in his essay was that the New Deal was a productive from the security programs to the economic structure it provided. He examines the New Deal to the modern day, and elaborates further upon the political opportunity with the New Deal. As a result, Kennedy says, security and stability were restored, all to provide a net for industries of the economy and safety …show more content…
What makes his claims convincing is the emphasis of the New Deal upon America’s history:
“Into the years of the New Deal was crowded more social and institutional change than in virtually any comparable compass of time in the nation 's past. Change is always controversial. Change on the scale the New Deal wrought has proved interminably controversial. Debate about the New Deal 's historical significance, its ideological identity, and its political, social, and economic consequences has ground on for three quarters of a century” ( Kennedy, What the New Deal Did, 251).
There is an interesting description of the pre-New Deal financial marketplace, gives the reader and idea of the nation’s ordeal before the New Deal came. He explains the relationship between the crisis and the programs of legislation that made up the New Deal. (Kennedy, What the New Deal Did, 252). Kennedy persuasively gives the idea that environment of the financial sector 9and Wall Street) was not a safe one. The emphasis on the financial world without the spine of New deal’s assistance proves Kennedy’s …show more content…
He elaborates through many of the misconceptions surrounding the New Deal. It is explained that the program did not completely "slay the Depression dragon"- nor did it manage to equalize the income of the nation. Its philosophy was not clearly laid out for most to understand; according to Kennedy, the light of the New Deal was illuminated by many of the "constituted a more coherent pattern than is dreamt". Many of the preconceived conceptions, according to Kennedy, include beliefs that the program redistributed the national income (and killed capitalism), that it solved the Great Depression 's