Friday, January 3, 2020
Pros and Cons of FDRs Brainchild The New Deal - 880 Words
The New Deal FDR The implementation of the New Deal was a necessary, yet highly criticized, and controversial time in our nations history. Its creation, by President Franklin Delano Roosevelt, helped to resurrect a crumbling economy and put Americans back to work. However, like most things in life, there are always two sides to every story. This paper will explore both the pros and cons of FDRs, brainchild, the New Deal. In addition, it will argue that regardless of a positive or negative public opinion, there is no negating the fact that the New Deal was a pivotal movement and progressive step forward in our nations history. The presidential election of 1932 favored Democrat Franklin Delano Roosevelt over currentâ⬠¦show more contentâ⬠¦Unfortunately, there were some unforeseen and catastrophic consequences. When higher wages went into effect, prices rose too. Thus, consumers stopped buying. The continuous cycle of overproduction and underconsumption put businesses bac k into a slump the law was later ruled unconstitutional (Norton et al, 698). Another controversial provision of the New Deal was the Agriculture Adjustment Administration, or AAA, which attempted to raise farm prices. It used special tax funds to pay farmers to refrain from raising certain crops or breed certain types of animals. They figured the lower production would help to increase prices of other agricultural products. All it did was anger the general populous, who thought this was atrocious. People were starving and homeless and the federal government was essentially wasting food! This program was ruled unconstitutional, shortly after it was proved a failure. Though Roosevelt had many ups and downs during his 12+ years as President, he successfully began the process of getting the nation back on its feet. He created the New Deal, though it was not the end all be all of the economic crisis, it contributed to the demise of the Great Depression in a broader sense. It resto red the public faith in banks and got many, many Americans back to work. Works Cited Norton, M.,
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