FDR and The New Deal
Franklin Delano Roosevelt was elected as the thirty-second president of the United States in 1932. His greatest legacy was his creation of the “New Deal” which changed the relationship between the economy, the government and the people. The American people came to believe that the federal government had both a role and responsibility in the well being of its people and its economy. President Roosevelt was elected during the most desperate economic time in history. The stock market crashed in 1929, which began the period of history known as the Great Depression. By the end of 1932, the unemployment rate was 23.5 %, factories were closing, businesses were failing and there were droughts in the Midwest that crippled the agricultural industry. President Herbert Hoover was in power. His philosophy was that the system could fix itself. This was called the laissez-faire form of government. He did not belief in government interference; in fact he believed that was a form of socialism. Franklin Delano Roosevelt disagreed with President Hoover. He felt that it was the government’s responsibility to do something to turn the economy around. The public agreed with Roosevelt and he was voted into office, defeating Hoover in a landslide. Roosevelt inspired the people through confidence hope and leadership. When he entered the White House in 1932 he promised the American public a new Deal. The New Deal was a series of legislative reforms that would permanently change both the politics and the economy of the United States forever. The New Deal was inspired by what Roosevelt termed the three “R's" Relief, Recovery and Reform. The New Deal tried to change the United States from a primarily Capitalist country to a country that offered a degree of safety. Relief was meant to stop further economic decline. Recovery was programs designed to increase consumer...
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