The stock market crash of 1929 marked a new era for the United States. The roaring twenties came to a screeching halt and many Americans faced absolute poverty in a country which was a beacon for hope, liberty, and wealth. Little was being done about this issue, especially by Herbert Hoover, the current president, whose "hands -off" approach to government did little to fix the dire situation Americans found themselves in. Though many Americans were deep into poverty, they still turned out to the polls and Franklin Roosevelt was elected president in 1932. The New Deal was a strategy of Roosevelt's to handle the problems of the depression, as he said in his own words, "Nor need we shrink from honestly facing conditions in our country today. This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...".#
Franklin Delano Roosevelt, 1933. Lietuvių: Frankl...
Social Security Poster: old man
English: JPG image of the National Industrial Reco...His strategy included relief for unemployed and poor Americans, economic recovery, and reform of the financial system.
During his "first 100 days" Roosevelt proposed a record number of legislation. Among the legislation proposed included the Emergency banking act, agricultural adjustment act, civilian conservation choir, civilian works administration, Tennessee valley authority, and during his "second 100 days" the social security act, and the Wagner act. Roosevelt was determined to put America and its citizens back their feet, or as he said in his inaugural address "I am prepared under my constitutional duty to recommend the measures that a stricken nation in the midst of a stricken world may require. These measures, or such other measures as the Congress may build out of its experience and wisdom, I shall seek, within my constitutional authority, to bring to speedy adoption."# Because...