Essay on Franklin D. Roosevelt and The New Deal

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Midterm Pt. II: Essay The New Deal

Ambitious through his suffering of Polio, President Franklin D. Roosevelt was determined to bring major changes just as his uncle, Theodore Roosevelt had done years prior. After the stock market crash of 1929, his famed “New Deal” brought changes to the nation which seemed to reduce the stresses of the collapse, alleviating the pressures that it had on the American people. Roosevelt’s reform initiated the separation of banks into two sectors, commercial and investment banks. With these new changes came along the FDIC, otherwise known as the Federal Deposit Insurance Corporation, which insured an investor’s deposit and is extant to present day. Many changes don’t seem as complex on their surface when
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It’s easy to agree that having raised taxes, perhaps does truly slow down our consumer spending and the growth of our national economy.
It’s not uncommon today to see people relying on some sort of insurance benefit programs available through the government funded by taxpayers’ dollars. Yes, there are people that are either born, or left permanently disabled and/ or unemployed that need some sort of supplemental income in order to survive and meet their basic needs, but I feel it’s apparent that many of these programs have led to a mess of fraudulence and abuse and have only set us back. It’s hard to look back and see if there was any other possible way to push through The Great Depression. I do feel that the power of the government might have possibly got out of hand today through these programs initiated by Roosevelt’s New Deal, but it’s hard to fathom any other way to live. Examining our nation’s present-day situation leads me often feeling as if we’ve transformed into a Socialist state. Every time the thought of living in a Socialist nation dwells in me, I think of the quote that’s believed to have been said by Sinclair Lewis, “When fascism comes to America, it will come wrapped in the flag and waving a cross.” Referring to that, it very much seems that we’re already Socialist, but I’d have to say that the Cross that’s mentioned has been subtracted from that equation, because it seems that

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