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Annie C · Joined: 07 May 2010 Posts: 20

I feel the New Deal was an effective solution to the Great Depression, since it did attack the problems of the Depression and help the nation recovered from the harm of the Depression. I agree with Chris, that the three Act from the New Deal. (Emergency Banking Act, AAA, National Industrial Recovery Act) did do a remarkable job on economic reform and improve the general citizens's live conditions. As many people said the New Deal just helped the citizens but at the same time economic and people are two things that tightly connect to each other. Exclamation

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sarahislahf · Joined: 11 May 2010 Posts: 21

I think the New Deal should be considered a necessary beginning to pulling the U.S. out of the Great Depression-- FDR's immediate measures to instate the Banking Act and pass the 21st Amendment had immediate effects on the economy, and while the acts involving the AAA were surrounded by legal issues, they helped reestablish the agricultural sector of the economy. The NRA was problematic: it proposed a solution while neglecting half of the problem-- prices went up without wages or jobs increasing. The TVA was the most successful recovery program all-around, increasing jobs, economic development and technological progress, but it had its problems too.

It should be considered a series of negotiations between the government and its people to get themselves back on their feet. It was by no means perfect but it was ultimately what set the gears in motion to end the depression.

hkwon · Joined: 07 May 2010 Posts: 24

Some classmates who support ineffectiveness of the new deal is commonly suggest that this policy didn’t satisfy all the people at that time. However, the ultimate purpose of the new deal is to rescue USA from the great depression as soon as possible, but not to fill all the people with satisfaction. I think some people’s sacrifice was necessary and inevitable in order to have utility for the whole society.
Also, I would like to say that Roosevelt tried to distribute wealth. The revenue act of 1935 increased taxes on inheritance as well as raised income tax rates for the wealthy (P. 553). But it just didn’t work well.

sarahislahf · Joined: 11 May 2010 Posts: 21

malexander · Joined: 07 May 2010 Posts: 20

THe idea that has been mentioned before about the New Deal being almost a circle or cycle seems to make sense to me. With taxes being paid by those who were working, and the work they were doing being used by most people (public places, roads, schools, etc), it seems like a rotating thing. Also I agree with what most people are saying that the NEw Deal didn't solve the great depression, but it helped push the nation to a better place.

Jaehyouk · Joined: 07 May 2010 Posts: 22

Although New Deal promoted stable ecomic growth, overall, the program failed to achieve complete economy recovery, because whenever Roosevelt had to spent money for the economy growth, he never spend enough. But, surely New Deal have changed people and the country. It gave everyone hope, and made the country grow stronger. How awsome is that? I think it is harder to do that.

zaronson · Joined: 07 May 2010 Posts: 17

I believe that the New Deal was beneficial to helping get out of the Great Depression because it sought out the main problems of the depression and help the nation regain their strength. Not to be repetitive but i also agree with Chris as i believed Annie did but the AAA, Emergency Banking Act, Nation Industrial Recovery Act helped a great deal with the mending of the nations economy.

mswartz · Joined: 07 May 2010 Posts: 43

I agree with Tilly about the idea of the New Deal being comparable to a circle/cycle. She said, “With taxes being paid by those who were working, and the work they were doing being used by most people (public places, roads, schools, etc), it seems like a rotating thing.” However, I don’t really understand how it helped push the nation into a better place. While the money seems to be rotating, it is not pushing the economy to thrive and get out of the depression.

hkwon · Joined: 07 May 2010 Posts: 24

zatkinsweltman · Joined: 09 May 2010 Posts: 27

I agree with what sarah said, "I think the New Deal should be considered a necessary beginning to pulling the U.S. out of the Great Depression" I think that the New deal really seemed to do a lot for the US, but It never seemed to work because there just wasn't enough money to go around. The dollar was just so worthless that it didn't really make a difference how much they spent they needed to spend more. It may have helped get people jobs and it got money circulating from rich to government to poor and rich and then back to the government, but the money was worthless anyways. So the New deal may have helped somewhat, and gave us some of the things we have today, but I really don't think it helped solve the problems of the depression. I agree, It was a good beginning, but not a solution.

YUJIA · Joined: 07 May 2010 Posts: 14

I think Roosevelt's New Deal established a better relationship between the federal government and its people and solved a series of problems raised during the Great Depression in a right order and very friendly. Although not every effort is perfect, most of them functioned very well to recover America from the disappointing situation. Starting from the banking problems and then agricultural and industrial new policies, Roosevelt was successful because he changed a routine to drive America economically. Regardless of the benefit and profit if "the rich", he focused on the life of common people. The Fireside Chats is one of the best ways to encourage the people to trust the new proposals including the Emergency Banking Act and AAA policy. Because of the trust between the people and the government it's easier to lead America out of the Depression.

Hey_look_its_EVAN · Joined: 07 May 2010 Posts: 20

I find this whole discussion rather shocking. well i mean that it just proves that the whole economic infrastructure of the country is like a millipede. if one of the lets is broken it cant function. Personally i think that trusting some one or some entity is ludicrous. Not saying trusting is bad, but to entrust the wellbeing of the commonwealth? my grandfather did not live through the depression but his mother did and that was a huge piece of advice she kept giving to him. This issue needs fixing. look a the people that are suckered out of their money now in this economy.

Hey_look_its_EVAN · Joined: 07 May 2010 Posts: 20

My last coment is less about the neww deal and more about the econimic system/ depression. BTW

edalven · Joined: 07 May 2010 Posts: 37

I guess we have two threads going again...

It would seem that No amount of acronyms would ever solve anything, but Franklin Roosevelt proved me wrong. I believe that the radical policies of his New Deal helped to pull America out of the Great Depression and revived our troubled nation. Perhaps the key to this was the Brain Trust, Roosevelt's cabinet of the smartest people in America. Together, they were able to systematically address and solve nearly all issues of the depression. A large number of agencies, departments, and committees were formed soon after FDR was elected, as many as half were eventually disbanded. But the ones that remained had a tremendous effect on the American economy, and still impact us today.
BANK REFORM

AGRICULTURE & DEVELOPMENT

PUBLIC WORKS

SOCIAL REFORM

Although all of these policies of the New Deal restructured many norms that Americans had previously taken for granted, most of the public supported FDR's stance. They knew it was necessary for the government to intervene and rescue the nation from the depression. Immediately after instituting this new legislature, Things started to improve. The American Liberty League (ALL) was a Conservative group, and the only organization that opposed Roosevelt's New Deal.

edalven · Joined: 07 May 2010 Posts: 37

Forgive me if this is a digression, but how do people feel reading about these recovery policies, now that we have just recently gone through a similar recession? I wonder if the Stimulus Package that passed a while back had a similar effect on the economy. Perhaps it's too soon to tell, but it seems that that the general trends of the Great Depression have parallels to our recent recession. For example, each was caused by scant oversight of the Wall Street Stock Exchange. There certainly was a bubble in each case, and when they broke, the big banks took a tumble. I have only a basic knowledge of these two events, but maybe we could talk about them a little bit.

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