May 10, 2012
Alphabet Soup of the New Deal
SSA- Since its enactment in 1935, Social Security has also been America's most popular social program, and surveys show continued support. The SSA is the most successful social program ever enacted in the United States, guaranteeing a measure of basic security for nearly all workers and their families. For nearly two-thirds of the elderly, Social Security provides at least half their total income; for 22 percent of them, it is the only source of income. Without it, the poverty rate for the elderly would jump from 10 to 48 percent. Social Security is not just for retirees: it also provides monthly benefits for disabled workers and their dependents, and for the dependents of deceased workers. Together, these two groups comprise 31 percent of all Social Security recipients. And most of all, we still use this act today.
CCA- The CCC was one of the most successful and most popular of the New Deal programs. It was very beneficial for our economy and the unemployed. The CCC employed 3 million young men between the ages of 18 and 25. They worked throughout the US in over 2000 camps. The men would sign on to work in the CCC for 6 months, be put into crews, and do such work as reforestation, cutting and clearing timber, conservation projects in National Parks and Forests, build bridges, repair dams, construct fire look-outs, install fences and do work to prevent erosion. The men received a wage of $30 per month, but they had to send about $25 back to their homes so that the money was made available to their family to spend thus helping the economy in the cities and towns from which the men came. They performed necessary and lasting work in the rural areas of our nation, and it helped restore the wild for families and children to enjoy. Failures
NRA- The NRA failed to live up to hopes that it would fundamentally reform the economy and lead to recovery with full...