Roosevelts Second New Deal: Raised on Rich 75% income 70% inheritance Social Security for destitute, $10 to $85/ month beginning in 1942, unemployment insurance U.S. off the Gold Standard Works Progress Administration (Total of 8 ½ million will be employed) In 1937 FDR cuts government spending Impact of the New Deal ---Was it Revolutionary? Social: Role of women drastically changed De-emphasized women’s rights on meager budgets “Make-do” Discouraged from working if husbands had job Francis Perkins Secretary of Labor African-American AAA hurt croppers African American excluded form TVA Separate CCC camps FDR seemed to fear alienating South so did little to enhance African American civil rights Many African Americans were helped by relief programs Native Americans Repeated Dawes severalty Act & Passed Indian reorganization Act (Restored tribal land & tried ’34 to preserve culture) Mexican Americans Difficult to get a job—population dropped 40% Economic: Unions will get a boost with NIRA & Wagner Act which established the right of collective bargaining. New Deal relieved human suffering, but did not end the Great Depression FDR never supported the notion of massive government spending, instead he believed in the need to balance the budget Validates the theories of John Maynard Keynes “Demand-Side” FDR did not attempt to create a socialist Economic System, he preserved capitalism. Example: he did not nationalize banks ---Bank Holiday Ends notion of Laissez-Faire Political: FDR because of the popularity of the New Deal will create a Coalition” “Grand African Americans become loyal Democrats Creation of the pluralist state Isolationism in the 1920s and 1930s Why did the US into isolationism after World War I? to Normalcy” US was cycling into a non-reform period. “Return –
Roosevelts Second New Deal: Raised on Rich 75% income 70% inheritance Social Security for destitute, $10 to $85/ month beginning in 1942, unemployment insurance U.S. off the Gold Standard Works Progress Administration (Total of 8 ½ million will be employed) In 1937 FDR cuts government spending Impact of the New Deal ---Was it Revolutionary? Social: Role of women drastically changed De-emphasized women’s rights “Make-do” on meager budgets Discouraged from working if husbands had job Francis Perkins Secretary of Labor African-American AAA hurt croppers African American excluded form TVA Separate CCC camps FDR seemed to fear alienating South so did little to enhance African American civil rights Many African Americans were helped by relief programs Native Americans Repeated Dawes severalty Act & Passed Indian reorganization Act ’34 (Restored tribal land & tried to preserve culture) Mexican Americans Difficult to get a job—population dropped 40% Economic: Unions will get a boost with NIRA & Wagner Act which established the right of collective bargaining. New Deal relieved human suffering, but did not end the Great Depression FDR never supported the notion of massive government spending, instead he believed in the need to balance the budget Validates the theories of John Maynard Keynes “Demand-Side” FDR did not attempt to create a socialist Economic System, he preserved capitalism. Example: he did not nationalize banks ---Bank Holiday Ends notion of Laissez-Faire Political: FDR because of the popularity of the New Deal will create a “Grand Coalition” African Americans become loyal Democrats Creation of the pluralist state Isolationism in the 1920s and 1930s Why did the US into isolationism after World War I? “Return to Normalcy” – US was cycling into a non-reform period.