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The New Deal "I pledge you, I pledge myself, to a new deal for the American people.” Franklin D. Roosevelt, accepting the Democratic Party nomination for President, 1932
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The 1932 Presidential Election President Herbert Hoover (R)Governor Franklin D. Roosevelt (D)
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1928 v. 1932 People simply were tired of Republican failure and leadership after Harding, Coolidge, and Hoover.
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The 1932 Congressional Elections SenateHouse of Representatives Democrats control Congress What branch do the Democrats not control?
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The New Deal The Three R’s of the New Deal 1. Relief Giving money & directing aid to those in need. 2. Recovery Fixing the economy in the short run & providing jobs. 3. Reform Regulating the economy to prevent future collapses.
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The First New Deal Programs of the First New Deal Glass-Steagall Banking Act Federal Securities Act Securities and Exchange Commission Agricultural Adjustment Agency Civilian Conservation Corps Federal Emergency Relief Administration Public Works Administration Civil Works Administration National Industrial Recovery Act Tennessee Valley Authority CCC Recruitment Poster (Pre Supreme Court Block)
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Glass-Steagall Banking Act Made it illegal for banks to play the Stock Market with invested money from the public. Federal Securities Act Required companies to make public information about their stock offerings. Securities and Exchange Commission “Stock Cops”. Agricultural Adjustment Act Responsible for dealing with overproduction in the farming sector. Civilian Conservation Corps National Park, road construction, more. Federal Emergency Relief Administration Responds to natural disasters Public Works Administration Budgeted funds to be spent on the creation of public projects such as bridges, railroads, airports, schools, more. Linked to the NIRA. Civil Works Administration Similar to the PWA Tennessee Valley Authority Worked to improve the economic conditions of the South through “pump priming”. Dammed rivers, provided electricity to many areas in the South that were previously lacking.
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The Supreme Court & The First New Deal National Recovery Administration Agricultural Adjustment Act “The goal was to eliminate ‘cut- throat competition’ by bringing industry, labor and government together to create codes of ‘fair practices’ and set prices”. Responsible for dealing with the dilemma of over production in the farming sector that would lower prices. Farmers were paid to not grow food and kill excess livestock. Why were these ruled unconstitutional?
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What does President Roosevelt do in response to the Supreme Court blocking one of his programs? Attempts to “pack” the courts.
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The Second New Deal Programs of the Second New Deal Farm Security Administration Works Progress Administration National Youth Administration Wagner Act National Labor Relations Board Social Security Act Fair Labor Standards Act Rural Electrification Administration (Post Supreme Court Block)
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Farm Security Administration Loaned money to sharecroppers & tenant farmers to improve their living and working/farming conditions. Works Progress Administration Similar to the PWA. Employed men to complete public works projects as well as artists to complete art centered projects. National Youth Administration Provided over two million jobs to young Americans. Wagner Act Allowed workers to unionize and collectively bargain. National Labor Relations Board Board responsible for mediating workplace disputes. Social Security Act Supplemented pay to retired workers, provided aid for those who were disabled, and offered unemployment compensation. Fair Labor Standards Act Established a minimum per hour wage and banned child labor. Rural Electrification Administration Worked to bring electricity to areas that previously did not have the means to access this resource.
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Criticism for the New Deal 1.Was any of this constitutional ? 2.Was this too close to socialism ? 3.What about deficit spending brought about by the New Deal? Gov. Huey Long of Lousiana
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So, did President Roosevelt end the Depression? No.
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Impact of the New Deal 1. The power of the three branches shifted back to the Executive branch. The office of the President would once again carry the responsibility of “having made the decisions.” 2. The people of the United States would now have high expectations of their government in the event something went wrong in the nation. The government was now expected to do something to help.
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