Jobless recovery

Beginning on December 29th, 1929, also known as Black Friday, the stock market on Wall Street crashed. This marked the onset of the Great Depression, the greatest economy downfall in United States history. For the beginning years of the Great Depression, Herbert Hoover was the President, but he did not put forth a large enough effort to help the American people get out of the turmoil that was created. Up until the election of 1933 where Franklin Delano Roosevelt, FDR, took the office from Hoover…

There were many associations in the USA, and one of the most important ones was the NIRA, the National Industrial Recovery Act. President Franklin D. Roosevelt founded it in his One Hundred First Days, and approved the law on the 16 of June in 1933. (Hansan)Like everything, the NIRA had its pros and cons, but overall what was the impact of the NIRA in USA? The NIRA had benefits on the USA and it helped the country economically. The first thing it did was establishing justice between commerce.…

Solar Energy has had a complicated history in America, but it has been growing steadily throughout President Barack Obama 's tenure as president. During the Energy Crisis in the 1970s President Jimmy Carter had solar panels installed on the White House, but within just a few years President Ronald Reagan removed them. Meanwhile, other countries like Germany, Japan, and Italy greatly expanded their solar industries, leading them to far surpass America 's. While solar has had a difficult history…

passed the American Recovery and Reinvestment Act of 2009 that was signed into law by President Barack Obama on the date of February 17, 2009. ("American Recovery and Reinvestment Act of 2009", Wikipedia.org)The American Recovery and Reinvestment Act of 2009 was also commonly known as the Stimulus package or the Recovery Act of 2009. The reason why they passed the American Recovery and Reinvestment…

With January 20th, 2017 having passed, The United States stands at point capable of reflecting upon the entirety of the Obama presidency. The Obama presidency is easily a controversial one due to the significant developments in both domestic and foreign policy over the last eight years. Being handed a country on the brink of economic depression, while also entangled in multiple military and foreign relation quagmires, Obama was tasked with a problem many would have balked to handle. Nonetheless,…

Six years into Common Core Standards, set forth by the Obama administration. Is still causing debates. The concerns that are surrounding Common Core is that teachers were not prepared or given proper training on how to implement Common Core Standards (CCSS) in the classroom (Borovoy & Cronin, 2011). There are also concerns that “both the Republican and Democratic presidential administrations have expanded federal authority in the educational policy” (Borovoy & Cronin, 2011). The last concerns on…

After a devastating earthquake hit an already poverty-stricken nation, Obama immediately passed the Haiti Debt Relief and Earthquake Recovery Act of 2010 to provide funds to reconstruct the third world country. The act gave Haiti $100 million and urged the Secretary of Treasury to give the country a pass on anything that they might need to repay (Haiti Debt Relief, January 2010). Specifically…

Special interest groups are a group of people, usually formally organized that share a common concern and wish to influence public policy in some way. The goal of all interest groups is to affect government policy for themselves or to further their causes. Over the last several decades, interest groups have multiplied and have made creating policy more complicated as policy makers attempt to fulfill a wide range of interests. As a result of the increase in interest groups, the American…

Labor Statistics reported the jobless rate has spiked up this year, and the number of unemployed workers not employed indicates America’s trend to be back on the road of recovery has faltered. The unemployment rate has soared back up to 19%, which means 10.4 million workers are looking for suitable jobs. Last year in 1937, only 14% of American workers, 7.7 million, were looking for work throughout this country. This is the first time unemployment has increased since the depression hit America…

federal government uses in a year. Some stocks were trading at 50 times the worth of their value. 34 million have no source of income. 200,000 children wander the country. 1 out of 4 people were jobless. The New Deal was successful because of the emergency banking relief act and the national industrial recovery act. The New Deal was successful because of the emergency banking relief act, by reopening banks that had enough money to reopen. So people could have banks. Some things to support…