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The Great Depression Franklin Roosevelt and The New Deal. Franklin Roosevelt and the new deal. Background Youth and personal life: Born into wealthy new York family Spoiled; only child, “doted on” Harvard educated – history and law (athlete)
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Franklin Roosevelt and the new deal • Background Youth and personal life: Born into wealthy new York family Spoiled; only child, “doted on” Harvard educated – history and law (athlete) Married Eleanor Roosevelt (influential 1st lady); 6 kids 1921 – age 39 – stricken with polio (changed his life)
Franklin Roosevelt and the new deal • Long political career 1910 – ny senate; 1912 – asst. secr. Of u.s. navy 1920 – vice presidential candidate – lost to harding/Coolidge 1928-1932 – served as governor of ny 1932 – defeats Herbert hoover for presidency
Franklin Roosevelt and the new deal • presidency Character: energetic, compassionate, confident, feared no one Broke traditions: Created a “brain trust” of experts to advise him (beyond his cabinet) Appointed 1st woman to his cabinet: francesperkins Called congress into emergency special session Ordered a national bank holiday (goal: to inspect the banks) Elected president 4 times Used media to fullest – “fireside chats” Knowing what you know about FDR’S CHARCTER, WHAT IS YOUR OPINION ABOUT HIM? HOW WOULD YOU COMPARE HIM TO OUR PRESIDENT TODAY? DO DO YOU THINK HE WAS A GOOD PRESIDENT? WHY OR WHY NOT?
Franklin Roosevelt and the new deal • Personal attitude toward depression and the role of government Federal government has a responsibility to help – directly if need be ignored traditional conservative approach of: maintaining a balanced budget cutting taxes and waiting for recovery
Franklin Roosevelt and the new deal • Adopts theory of economist John maynard Keynes who suggested: increasing government spending; deficit spend If necessary cutting taxes creating government job programs if workers have $, they will spend it, priming the economic pump
Franklin Roosevelt and the new deal • After watching the video (click on the slide show button located on the menu bar below to watch the video) answer the following questions. • What’s FDR's philosophy toward & attempts at solving the problems of the Great Depression? • How did the first lady, Eleanor Roosevelt, influenced FDR’s decisions and issues? What do you think about FDR’s work in the white house as president in relation to the first lady’s role?
Franklin Roosevelt and the new deal • Action and policies: new deal program (3 part public assistance) relief ($, food, shelter; temporary charity) ex. Ccc, fera, wpa recovery (programs aimed at industrial and agricultural recovery, jobs) ex. Aaa, nria, pwa reform (lasting changes; built in safeguards) ex. Fdic, nlrb, sec, social security Describe the difference between a relief, recovery, and reform program in FDR's New Deal and provide one example of each including what the program provided. 1933 – 21st amendment – repealed prohibition
Franklin Roosevelt and the new deal • Fdr’s critics some said he was too liberal conservatives called him a radical socialist gave government too much control of the economy (tva, jobs, etc)
Franklin Roosevelt and the new deal • Charles coughlin “radio priest” supported fdr at first and then grew impatient with new deal offered an annual living wage; wanted banks nationalized blamed the jews – bad!
Franklin Roosevelt and the new deal • Dr. francistownsend– focused on program for the elderly plan would give people 60 and older $200 a month; could not save ideas led to social security
Franklin Roosevelt and the new deal • Supreme court said he abused power declared many “recovery” programs unconstitutional conservative group (1930-36); fdr called them “the 9 old men” court packing affair – fdr’s attempt to liberalize the court (1937) fdr loses the battle, but wins the war – retirements occur
Franklin Roosevelt and the new deal • Franklin D. Roosevelt’s Second Inaugural Address (audio and text), January 20, 1937. • Based on FDR’s address, what do you think the American people needed to hear from the elected president during the economic situation of the country? • How does his address remind us of what the New Deal was all about? • What is his speech relation to the Great Depression?
Franklin Roosevelt and the new deal BASED ON THE GRAPHIC, Do you think fdr’s new deal helped to reduce the unemployment rate? What happened during the second new deal? If wars in general are viewed as something bad, why and how did it help the economy? Based on the graphic, how would you describe the new deal’s performance during the great depression?
Franklin Roosevelt and the new deal • Fdr’s long-term impact deficit spending became normal procedure at federal level (debt today?) government’s role in regulating the economy remains strong reform programs still exist (ex. Fdic, sec, social security) federal government remains a big and growing employer 22nd amendment (1951) – 2 term limit for presidency democratic party membership increased What’s the long term impact of the New Deal? Do you think it helped the nation? why or why not; and how?
Franklin Roosevelt and the new deal • World solutions to the depression dictators offered prosperity in exchange for power: Germany: hitler – Nazism Italy: Mussolini – fascism soviet union: stalin – communism
Franklin Roosevelt and the new deal The Stage is set for world war ii