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FDR and the New Deal Day 1 Notes. The 1932 Presidential election. Herbert Hoover v. Franklin Delano Roosevelt Who will win? Why? So… FDR wins easily (57-40 percent)… this is actually first election in 56 years where Democrat wins majority of popular vote. Who is Franklin D. Roosevelt?.
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The 1932 Presidential election • Herbert Hoover v. Franklin Delano Roosevelt • Who will win? Why? • So… FDR wins easily (57-40 percent)… this is actually first election in 56 years where Democrat wins majority of popular vote
Some Interesting Facts about FDR! • Teddy Roosevelt was his 5th cousin • Married Eleanor Roosevelt, who was Teddy’s niece (they were 5th cousins, once removed) • Contracted polio in 1921, which resulted in him being paralyzed from the waist down… but he tried to hide it • Started March of Dimes in 1938… originally to fight polio, but now with vaccine invented by Jonas Salk, charity focuses on improving health of babies • Would be elected president a total of 4 times, and died in office in 1945 • 22ndamendment ratified in 1951, which set two-term limit for U.S. Presidents
Roosevelt and the New Deal! • Roosevelt needed a way to fix the nation. He came up with the following things… • The New Deal = Roosevelt’s policies/plan for ending the Great Depression • The First Hundred Days = Just over three months after FDR took office; lots and lots of new government programs put into place • Like one big trial and error session!
The 3 “R”s of Helping the Economy The Economy (dead) • Relief, Recovery and Reform • 1. Relief • Short-term fixes to stop the “bleeding” of the economy • Examples = creating jobs, giving money directly to people • 2. Recovery • Pumping money into economy to get it up and running again • Examples = Loans to businesses, tax credits which allow people to spend more • 3. Reform • Long-term changes to prevent economy from collapsing again • Examples = New laws, new regulations for businesses Relief (help me up) Recovery (get back at it) Reform (can’t happen again)