Eliseo Lugo III

 Describe how Franklin Roosevelt won the 1932 Presidential Election  Explain how the New Deal attempted to promote economic recovery  Identify critics of FDR’s New Deal  Describe New Deal work programs

 After becoming president, FDR used government programs to combat the Depression.  Americans still benefit from programs that were begun in the New Deal, such as bank and stock market regulations and the Tennessee Valley Authority.

 People were suffering  Lack of jobs, food, and hope  Republicans re-nominated Hoover  Little chance of winning  Democrats nominated FDR  Franklin Delano Roosevelt  2 terms as governor of NY  Reform minded leader

 FDR wins overwhelmingly  Democrats win a 2/3 majority in the Senate  Democrats win ¾ majority in the House  FDR has to wait four months to take the office of President

A Political Cartoon Depicting FDR’s entrance into the Presidency

 Brain Trust  FDR’s highly skilled advisors  Formulate a set of policies for his administration  The New Deal  Program designed to alleviate the problems of the Great Depression  3 Goals of the New Deal  Relief for the needy  Economic Recovery  Financial Reform

 The First 100 Days  Period of intense legislative activity  15 pieces of legislation  Expanded the federal government’s role in the nation’s economy  Reforms banking and finance – bank holiday  Revive public confidence  Help the American people  Relief to farmers, jobs to the unemployed

 Background information:  Born into a wealthy family  Stricken with polio – partially paralyzed  Confident leader  First President to use live radio to address the American public  Fireside Chats  Talked about issues of public concern  Explained the New Deal in clear terms

 FDR used Deficit Spending  Spending more money than the government receives in revenue  Keynesian economics – government spends money to stimulate economic recovery  More money in the hands of consumers to fuel economic growth  A necessary evil?  The New Deal did not end the depression

 Liberal critics  Did not go far enough to reform the system  Conservative critics  Too much direct relief  Socialist!

 The Supreme Court struck down New Deal programs as unconstitutional  Too much power in executive branch  Interfered with state-federal roles (federalism)  FDR proposes a court-packing bill  Reorganize judiciary and allow FDR to appoint new justices  Storm of protest  FDR gets to appoint new judges anyway due to retirements/resignations

 Father Charles Coughlin – Roman Catholic priest with a radio show  Wanted government controlled banks and a guaranteed annual income  Dr. Francis Townsend  FDR not doing enough for poor and elderly  Pension plan to help the aged  Senator Huey Long of Louisiana  “Share-Our-Wealth” program  assassinated