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FDR’s Depression

FDR’s Depression. Part II … The Second New Deal. The 2 nd New Deal. The economy is still lagging after the second one Unemployment is still very high Businesses aren’t investing Consumer Confidence is still very low!

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FDR’s Depression

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  1. FDR’s Depression Part II … The Second New Deal

  2. The 2nd New Deal • The economy is still lagging after the second one • Unemployment is still very high • Businesses aren’t investing • Consumer Confidence is still very low! • Eleanor Roosevelt is pushing for more direct relief for the poor and hardest hurt… she often was that voice for her husband • This 2nd New Deal had more relief for farmers and workers

  3. 1936 Election Guess who is in blue? What does this say?

  4. More “Alphabet Soup” • WPA – Works Progress Administration • 850 airports • 651,000 miles of roads and streets • 125,000 public buildings • Women’s sewing groups to sew blankets for the needy • Documentation of slave stories so they are not lost • Murals and public art

  5. Public Art of the New Deal…

  6. Public Art of the New Deal…

  7. Public Art of the New Deal…

  8. Wauwatosa East High School, WI

  9. Wauwatosa East High School, WI

  10. Philosophy of the New Deal programs Businesses hire more workers! Businesses succeed! You have money in your pocket! You spend it! You get paid! Economic Growth You work!

  11. Social Security Act (pg. 707 of text) • Old age insurance for those over 65 y/o • “old” in today’s terms? • What does this cause today? • Unemployment Insurance • If you lose your job through no fault of your own you can begin to collect a small support payment known as unemployment insurance • Aid for Families with Dependent Children (AFDC) • Sort of self explanatory!

  12. New Deal in graphs…

  13. New Deal in graphs…

  14. So what about today? • How does Social Security work today? • Who pays in? • Who gets the benefits? • When can you get them? • How long will Social Security last? • Do you get what you pay in? Who gets the money you pay in?

  15. A primer on Social Security today?

  16. So what about today? • How does Social Security work today? • Who pays in? • Who gets the benefits? • When can you get them? • How long will Social Security last? • Do you get what you pay in? Who gets the money you pay in?

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