75th Anniversary of FDR's New Deal
Tuesday March 11, 2008
When Franklin D. Roosevelt took office on March 4, 1933, the United States was in desperate economic need. By 1933, the U.S. was already knee-deep into the Great Depression - the stock market had crashed, banks were going bankrupt, and millions were out of work. FDR began immediately with creating new programs to fix these problems, collectively known as the New Deal. Although FDR's New Deal is credited with helping save the U.S. economy, many believe it was actually World War II that truly ended the Great Depression.
If the U.S. had not entered into World War II, would FDR's New Deal been able to eventually end the Great Depression? What do you think? (Please post your thoughts by clicking on "comments" below.)
Comments
I know that the CCC sure helped me and my family. I was only 15 when I joined and only stayed 6 months because they were closing the camps. I was in Halsey Nebraska, Burns Oregon and they closed these and went to Port Angles Washington. I only made $30 dollars a month with 12 to me 12 to my family and 8 was put in savings and I drew that when I was home. If you don’t thank 12 dollars would help a family just look at a 1942 grocery ad.
The New Deal was essentially over by 1938. It was WWII and massive deficit spending which lifted the US economy. Even then Treasury Secretary Henry Morgenthau admitted that spending money on a bunch of programs did not help. Many economic historians think that the New Deal even prolonged the depression.
roosevelt was president for i believe 9 years and the country was still in the depression it with out a doubt was WWII that ended the depression,roosevelt is given credit for nothing because his social programs have done nothing but hurt this country right up til today.
I know that World War II really is what brought us out of the great depression, but all of FDR’s programs DID help. Why would we still have them today if they didn’t?? I don’t see anyone complaining that they have social security, do you?