The New Deal: An Innovative Step Forward

Topics: New Deal, Franklin D. Roosevelt, Great Depression Pages: 5 (1910 words) Published: January 23, 2014
An Innovative Step Forward

The New Deal was a period of reform revolutionary that was exceedingly significant than any other period of U.S. History. Franklin Roosevelt brought a new mindset to the presidency that was necessary to escape the Great Depression. His method of governing, new laws, and use of the banking system lead the New Deal to revolutionize not only the U.S. government, but its people as well. These new policies aimed to solve the economic problems created by the depression of the 1930's. The New Deal incorporated federal action of unprecedented scope to stimulate industrial recovery, assist victims of the Depression, guarantee minimum living standards, and prevent future economic crises. The activist New Deal put forth its effort to lift the country out of hard times and so altered American social and economic policy forever. The New Deal became the most prolific revolutionary break that enhance American society with progressive surges that allowed innovative changes to economic, political and social endeavors. The New Deal’s government revolutionized the mindset behind and the usage of government. Through measures for relief, recovery and reform, FDR created revolutionary methods of governing, laws, and use of the banking system. The United States developed into a revolutionized country, with equality, government power, and insurance policies that were never seen previously.

The economy of the United States had plummeted severely in 1929, under President Herbert Hoover, creating the worst period of unemployment in history. The effect of this depression was devastating and the start of the worst decade in economic history. The proceeding election of 1932 voters elected Democrat Franklin D. Roosevelt, the former governor of the New York who promised a “New Deal” for the country, to the presidency in a landslide. This wide margin victory was a sign of the Americans population wanting a change and reform in society, which Roosevelt brought. At his side was democratic congress, made up of Roosevelt personal group of experts “Brain Trust”. In his inauguration, Roosevelt stated in his style, "Let me assert my firm belief that the only thing we have to fear is, fear itself — needless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance." During the first 99 days, later known as the First Hundred days, Roosevelt instituted his proposal which Congress quickly ratified it included relief for employment, reform and recovery for agriculture and business. In one of 30 of Roosevelt fireside chats outlining the New Deal he states “Our next step seeking immediate relief is a grant of half a billion dollars to help the states, counties and municipalities in their duty to care for those who need direct and immediate relief.”1 Throughout the chat, he spoke on various topics such as the bank crisis, agriculture problems, the war effort and money distribution. Among the events that took place during the first Hundred Days, many acts were passed such as the Emergency Banking Act which gave “government control of banking”2 FDR and the government shut down all the banks in the nation and only reopened the feasible ones. This act was greatly required as it reestablished American trust in banks; they were no longer scared of losing all of their savings in a bank crash. Following this act was the Economy Act which cost federal costs, the Beer-Wine Revenue Act, which legalized and taxed wine and beer, both of these acts brought money into the economy and American support. The unemployment problem was partial solved with the Civilian Conservation Corps Acts (CCC) that gave three million men between the ages of 18 and 25 wok in the road building, forestry and flood control and Federal Emergency Relief Act (FERA) that distributes $500 million to states and localities relief. These acts boosted the economy and helped citizens regain government support, acts such as these benefit the United...
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