HIST 2047, Week 4
HIST 2047, Week 4 HIST 2057
Popular in The United States From 1865 to the Present
Popular in History
This 4 page Class Notes was uploaded by Taylor Wilson on Tuesday September 13, 2016. The Class Notes belongs to HIST 2057 at Louisiana State University taught by Catherine Jacquet in Fall 2016. Since its upload, it has received 3 views. For similar materials see The United States From 1865 to the Present in History at Louisiana State University.
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Date Created: 09/13/16
FDR and the New Deal: Reforming America Presidential Campaign 1932 Hoover – limited gov’t intervention FDR – fed gov’t should play a larger role Supports direct relief for the unemployed Pledges a New Deal during his campaign Happy days are here again FDR Politically prominent family o VP losing ticket 1920 Polio 1921 o Bedridden for 2 years o Loses use of his legs o Recovers from polio in 1928 Had a disability, kept secret o Rare for pictures take of him in his chair Governor of New York 1929 Wins Democratic Party nomination 1932 election Nov. 1932 election o Hoover 15.8 million o FDR 22.8 million Takes office March 4, 1933 “The nation asks for action and action now” Broad ranges of measures o From Wall St. to Nebraska Fill in -6/30 What did the New Deal do? Provided relief to those in need Job creation o At LSU: the PWA and the WPA Geology building, himes hall, 3 women’s dorms, Atkinson building The New Deal at LSU Student health center N. Enclosure of football stadium Alex box Agricultural building 1 Civilian Conservation Corp (CCC) Est. March 1933 Forest preservation, national parks, flood control 3 million men by 1942 o $30 a month, young women not eligible o Thousands of young men were able to sustain themselves and make a living “Rebuild” America’s working-class men Fear that with men being out of working during the depression, men were emasculated o The CCC could produce and economically independent working class Works Progress Admin Largest and most ambitious New Deal agency o Federal project 1 Federal Art Project, Federal Music Project Federal Writer’s Project Interview 2300 former slaves Federal Art project o Provided work to millions of unemployed people The New Deal Two phases st o 1 ndw Deal (1933-1934), economic recovery o 2 New Deal (1935-1938), reform, welfare of citizen, social safety net Reform program – preserves capitalism o Emergency Banking Act. “Capitalism was saved in 8 days.” o Transforms American capitalism in significant ways Emergency Banking Act 1933 o Created a system to audit and loan funds and reopen banks under treasury department supervision o Attempt to stabilize the banking system o Put in place to restore people’s faith in the banking system because it was on the verge of collapsing o Bank runs – people rush to withdraw all their money from the banks o Significance – between the act and FDR explaining it to the people, the people’s faith in the banks were restore and they deposited their money 2 The First 100 days 1 100 days of Roosevelt’s presidency Congress passed 14 major pieces of legislation New Deal Firsts First federal minimum wage Government system of unemployment benefits System of old age pensions (Social Security) Protections for labor unions Regulatory agencies for stocks and bonds Gov’t insurance for individual bank deposits (FDIC) Gov’t responsible for social welfare** Expanded power of Federal Government Est. control over the economy Oversee nations financial systems Rules set by federal gov’t o What farmers could plant o Required employers to deal with unions o Regulate stock market American welfare state Creates liberal welfare state Gov’t assumes responsibility to provide relief to those that are jobless, homeless Gov’t guaranteed safety net Social Security Act 1935 o Gov’t administer system fund by taxes o Work relief programs for the unemployed o Unemployment insurance o Old age pensions o Aid to the disabled, elderly, poor, families with dependent children Permanent system of social insurance o SSA part of the 2 ndNew Deal o Bringing electricity to places that didn’t have it A dramatic departure Transforms the relationship between fed. Gov’t and the American citizen Before the 1930s: whether the fed. Gov’t should intervene 3 After FDR: how the gov’t should intervene Transforming the presidency Spoke directly to Americans Received hundred of thousand of letters An important presence in the lives of many Americans Electoral politics Transforms the democratic party o Shifts dramatics o Still elements of the White S. elites Liberal- support the intervention of gov’t Conservatives – support free market and weak gov’t Coalition of ethnic workers, races, New Deal Summary FDR restore confidence in gov’t and the economic system Transforms the way American thought and experienced the gov’t Reshapes national politics and culture Restores people faith in federal gov’t Millions of $$ into the economy, millions saves from hunger and misery New Deal does NOT get us out of the Great Depression o Massive Gov’t spending in WWII is what gets us out 1941 – unemployment down 10% o 1944 – 1% jobless New Deal inspired confidence in the nation and confidence in the government New Deal made it so that we could defeat Germany – theory of historians Out of the Depression 1939 – 10 million still jobless; unemployment at 19% WWII – mobilization and massive gov’t spending o 1941 unemployment at 10% o 1944 unemployment at 1% New Deal and WWII 4
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