How Did The New Deal Stabilize The Economy

In 1933, during Franklin D. Roosevelt's Presidency, he created the New Deal. This New Deal was created to allow the federal government to help the United States during the Great Depression. During the first three months of his presidency the New Deal consisted of many different programs and acts to try and stabilize the economy and provide jobs to those who were unemployed. Roosevelt oversaw the passage of emergency relief programs, work relief programs, as well as banking reform laws. These programs were able to provide temporary jobs as well as providing short-term aid from the government. The main focus of the New Deal during the during the time was to reach economic stability as well as preventing incidents like the stock market crash of 1929 from occurring again. As time passed,
The New Deal causes the United States to rely on the federal government. Which would be an issue today due to the fact that if the government shuts down the country would not be able to properly function even for a short period of time because they rely so heavily on the government. The entire goal of the New Deal is to save capitalism from collapsing. In order to be successful, the government would have to fall into socialism. This would mean socialism for the rich and capitalism for the poor. It would appear to be a good idea because it would allow the government to intervene providing things like banking reform laws to help stabilize the economy. However, this means that the bank is able to borrow federal government funds with nearly a zero-dollar interest rate but, everyone who is not a "big powerful bank" could not. They would have to pay extremely high interest rates that they could not afford. Another issue with this would be concerning taxation. Corporate taxes have extremely high-rates, however, a number of large corporations get to pay virtually