Sunday, December 9, 2007

Critical Thinking 23-5 #3 & 4

Some critics have charged that the New Deal was anti business and anti-free enterprise. Explain why you agree or disagree with this charge.

I would agree with these charges that accuse the New Deal of being Anti-business. In fact, I find the new deal designed to aid the people more so than the businesses. An example of this is the expanded power of the federal government. An important part of the new deal was that the federal government assumed responsibilities for the social welfare of the citizens. Another example is the New Deals effect on the economy of the country. The New Deal let the Federal Government create programs such as the Federal Deposit Insurance Corporation and the Securities and Exchange Commission. These regulated Banking and Investment activities. The final example is how the federal government gave direct relief to Americas people, something Hoover refused to do. Roosevelt's New Deal provided programs the created and gave jobs to hundreds of unemployed people. The New Deal didn't end the Great Depression, but helped reduce the suffering of thousands of people.
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How successful do you think Franklin Roosevelt was as a president?

I Think FDR was extremely successful before he was even elected president. I is apparent that he won the election of 1933 in a landslide and was such a good president the he was elected two more terms in the white house. Unlike Hoover before him, who didn't want to give direct relief to the people, FDR did the exact opposite, which was what the people suffering from the depression needed at the time. Although Hoover tried extremely hard to help stop the depression, FDR was able to look past keeping "moral fiber" and used this New Deal to the point where congress couldn't keep up with him.

Wednesday, December 5, 2007

Critical Thinking 23-2 #3

Why might the Social Security Act be considered the most important achievement of the New Deal?

The Social Security Act was the most important program because it provided substantial benefits to millions of Americans. The act had three of helping these Americans. The first was to provide old-age insurance for retirees who were 65 of older and for their spouses as well. This insurance was used as a retirement plan. Half the funds were paid by workers and the other half from employers.
The second major part of the SSA was the Unemployment Compensation System. This was funded by a federal tax on employers. administered at state level, the initial payments ranged from $15 to $18 per week. The final part of the SSA was to aid families with dependent children and the disabled. This was made available to the states and paid for by federal funds.

Tuesday, December 4, 2007

Critical Thinking 23-1 #3

Of the New Deal programs discussed in this section, which do you consider the most important?

President Roosevelt's "New Deal" created many organizations and programs to support relief for the Great Depression. The most important program, however, has to be the National Industrial Recovery Act, or (NIRA). This act was important because it caused the creation of other programs such as the Public Works Administration (PWA), the Civil Works Administration (CWA), and the National Recovery Administration (NRA). The NIRA itself provided money so the states could afford to created new job opportunities for citizens. Specifically, these jobs were in the construction business, creating new schools and other community buildings.
The other programs spawned from the NIRA were just as important. The Public Works Administration was created originally as a part of the NIRA in creation of other jobs. When these programs failed trying, Roosevelt created the Civil Works administration. This provided work for people, 4 million at the start, during the winter of '33 - '34. It may have seamed like a fill in so Roosevelt had time to create another program, but the CWA was able to build 40 thousand schools, payed the salaries of over 50 thousand teachers and built more than 50 thousand miles of roads. The NIRA was big on industrial growth, so to promote it, they created the National recovery Administration. The Goal of the NRA was to promote recovery by interrupting the thread of wage cuts, falling prices, and layoffs.