How FDR's New Deal Put America Back to Work During the Great Depression

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  • Опубликовано: 17 мар 2019
  • Following the Stock Market Crash in 1929, the United States entered the Great Depression leaving many people without jobs. When President Franklin Delano Roosevelt took office in 1933, he acted swiftly and passed the New Deal, a series of programs and projects that aimed to restore prosperity to Americans.
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Комментарии • 40

  • @Evqke
    @Evqke 4 года назад +24

    i gotta do this fo school

  • @vanities7374
    @vanities7374 2 года назад +9

    The New Deal did not get us out of the depression.

    • @xavierzbetnoff5984
      @xavierzbetnoff5984 2 года назад +1

      What did then?

    • @vanities7374
      @vanities7374 2 года назад +4

      @@xavierzbetnoff5984 WWII. Massive deficit spending directed at the military

    • @ls93780
      @ls93780 2 года назад

      @@vanities7374 Actually the economy crashed similar to if not worse than the great depression in 1946, massive inflation due to the government printing of money to pay for WWII, and the fact that the private sector for luxury and even some necessity goods was virtually non existent due to 4 years of war economy, finally took their toll. The fact that Republicans won 56 additional seats in the 1946 election, and the landslide victory of Republican presidential elections in 1952, at least seems to attest that things weren’t as rosy economically in WWii’s immediate aftermath. I would more attest the slight gains seen during the depression in unemployment to be more due to the abolishment of prohibition than the new deal, and the recovery post wwii due to the gov finally easing off on the meddling and/or people finally stopped hoarding their money and started spending and more importantly investing it again. FDR was really good on one thing and that was foreign policy. His record on domestic policy if you look at it, I mean really look at it, was dubious at best.

    • @ls93780
      @ls93780 2 года назад +1

      @@xavierzbetnoff5984 After wwii people finally stopped hoarding their money under the mattress and started spending and investing it again. That and the US had a virtual monopoly on oil before and after WWII. The claim that deficit spending during WWII is what got us out is also dubious for a few reasons, #1 Government employees don’t produce resources they just consume them #2 The government wasn’t buying consumer goods with the money they spent. #3 The massive spending on wartime material that the are completely useless to the average civilian poached most of the available or potential workforce from the rest of the economy. These all mean that (at least in the immediate aftermath) when everyone comes back from the war with their big fat government paycheck they have all this money they want to spend, but the war economy meant they had nothing to spend it on. Gov printing money to pay for the war didn’t help. People forget that Democrats got wiped by Republicans in the 1946 midterm elections, and lost every state except for 5 in the 1952 presidential election, so they don’t know to take a closer look at the actual post war economic situation.

  • @marcosskowronek1167
    @marcosskowronek1167 4 года назад +3

    Nice video

  • @goodfaith5827
    @goodfaith5827 Год назад +1

    What the hell was so "Great" about the "Depression."
    Any questions?

    • @leojohn1615
      @leojohn1615 11 месяцев назад

      "great" adjective with 3 meanings
      1 Very large in size, extent, or intensity.
      2 Of a larger size than other, similar forms.
      3 Large in quantity or number: synonym: large.
      The American Heritage® Dictionary of the English Language, 5th Edition
      if that doesnt answer your question i suggest you seek medical help.

  • @brocklanders6969
    @brocklanders6969 2 года назад +4

    The Raw Deal. FDR put the Great into The Great Depression.

  • @stephenbrecht1696
    @stephenbrecht1696 11 месяцев назад

    If it wasn't for WWII, FDR would have been a footnote in History!

  • @NoahBodze
    @NoahBodze 4 года назад +12

    This literally is a lie. Unemployment was never so high for so long.

    • @salsa564
      @salsa564 4 года назад +8

      Nothing that was said here was a lie, they never talked about his government program substantially reducing unemployment for the long term... The new deal was never intended to do that, it was to keep people from starving to death and to develop the country.

    • @NoahBodze
      @NoahBodze 4 года назад +5

      salsa 56 I know it’s hard, when you’ve been fed a black swan lie that you build your current worldview upon, but the data is objective.
      The new deal was as close to fascism as America had ever been. And that fascism objectively failed. The data is clear.
      It’s time to grow up.

    • @salsa564
      @salsa564 4 года назад +13

      @@NoahBodze there is no data that supports what you're talking about... The new deal substantially reduced unemployment, for 25% to 15%, it kept millions of people from starving to death, it produced the social security administration, Medicare, Medicaid, national Parks, the Glass-Steagall act, and Wall Street regulation, as well as substantial reforms to the banking industry... All of these things are tremendously beneficial to our economy and to our society, that's what data has shown.
      Where's this fascism you keep talking about? Just because the government uses its power in a different way does it automatically make it fascist.

    • @salsa564
      @salsa564 4 года назад +4

      @@NoahBodze You're making so many claims here, but you have zero data to back it up... I think it's you who needs to grow up, not me.

    • @NoahBodze
      @NoahBodze 4 года назад +10

      ​@@salsa564 FDR literally had crops burned and pigs slaughtered and put in a ditch to artifically raise prices. That negates your naive "kept people from startiving to death" argument. Google it. There's your empirical evidence.
      The way to starve people is by creating polices that leave them unemployed.
      I'll make this basic: when you remove production ( labor ) from the economy, you reduce production overall.
      Learn economics and give up your ghost. I'm embarrassed FOR YOU to have had to explain this to you.