FAD was then appointed Assistant Secretary of the Navy under President Woodrow Wilson. In 1 928, FAD is elected governor in New York. Then in 1929 something unexpected happened and the Stock market crashes. Three years later, Franklin D. Roosevelt was elected as our 32nd president of the United States in 1932. FAD was president during many events during his reign because he was the only president to be elected four times. We will be looking at the years of 1932 through late asses. Some events FAD was in reign during are the Great Depression, World War Two, and Recession.
These events had a huge impact on the economy and American people. Every President has their successes and failures; however there are many things we could learn from FAD. , Franklin D. Roosevelt once stated in one of his speeches “True individual freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorship is made. ” We did not have true individual freedom during the Great Depression. The Great Depression shocked the Americans. The cause of the Great Depression was the stock market crash.
Factories loosed and millions of people lost their jobs. People became homeless and starving. A lot of people died from starvation and diseases. The economy and its people were left devastated and barely hanging on. FAD gave them hope and desire to have a better life and to restore what they used to have. He also gave them their independence back by giving them new laws and acts to protect individuals from a crisis like this allowing them to have economic security. Franklin D. Roosevelt got straight to business when he first made President and took the oath of office in 1933.
Within the first hundred days in office FAD won his first New Deal, he closed banking legislation, he ended prohibition by legalizing the sale of beer and wine, and he slashed government spending by cutting half of a billion dollars in scheduled payments to veterans and federal employees. The New Deal was thought of after the Great Depression. Fad’s New Deal was social and economic programs during the Great Depression. These programs are still a part Of our lives today. The goals of the New Deal were giving relief to the helpless, reforming the financial systems, and recovering the economy from the Great Depression that they just had.
They achieved relief and reform but they only recovered a little. When it comes to the banking industry, FAD reopened banks the largest and more stable banks first with governments standing behind them. Gradually banks opened back up and the crisis was finally over. Congressed passed multiple acts in this time frame: Agricultural Adjustment Act, Civilian Conservation Corps, Tennessee Valley Authority, Home Owners Loan Corporation, The Federal Emergency Relief Administration, Glass- Steal banking Act, Federal Deposit Insurance Corporation, National Industry Recovery Act, Public Works Administration, Civil Works
Administration, and National Recovery Administration. Agricultural Adjustment Act is an act that controlled seven basic crops. This act was supporting farmers and limiting supplies because farmers were offered payments for taking some of their land from farming which in hand limited how much supply they could grow. Civilian Conservation Corp. is a public relief program. This program provided unskilled workers with jobs. This program was directed towards young men so they can support their families. The Tennessee Valley Authority is a program that provides navigation, flood matron, and electricity generation, and fertilizers.
Home Owners Loan Corporation is a corporation established to help stabilize real estate. People needed a place to stay after the Great Depression and after the stock market crashed all the prices starting shooting out the roof. There were so many people on the streets. This corporation tried to make it easier to buy a house without paying a ridiculous amount of money. The Federal Relief Administration was also created to help recover what people lost during the Great Depression. It had a start-up fund of $500 million to help the needy and or. This Corporation is the largest public power provided.
Glass-Steal banking Act also known as the banking act was created so that the government would now prohibit commercial banks from participating in the investment banking business. Federal Deposit Insurance Corporation was an agency created to maintain stability and confidence in the banking systems. After the Great Depression people had a hard time to trust banks and would rather keep their money at home than in a bank. National Industry Recovery Act was an act that established the maximum working hour, minimum wage, hill labor, and etc. Public Works Administration was created in 1 933 as a New Deal agency.
It concentrated on public works. For example dams and bridges. It wanted to provide more employment since so many people lost their jobs during the Great Depression. This planned sounded really great but in the end it didn’t work out. It only lasted six years. Civil Works Administration was created to add more jobs and help the unemployed. This program employed $2. 5 million people in just one month. Schools were repaired, parks were built, and etc as a result of this program. National Recovery Administration was created to stimulate business recovery.
This program allowed the president to institute codes that would eliminate unfair practices. It is unbelievable to see how many things FAD started. They may not have all been successful but it definitely shaped America. Franklin D. Roosevelt stated, “For nearly years four years you have had an Administration which instead of twirling its thumbs has rolled up its sleeves. We will keep our sleeves rolled up. We had to struggle with the old enemies of peace–business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.
They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. ” FAD did exactly what he said in the quote above. , After Franklin D. Roosevelt first hundred days serving as a president he decided that we couldn’t stop there because there was still more to be done, so he moved to the Second New Deal. The Second New Deal established new programs. Some of these programs were WAP, Social Security, and the National Labor Relations Board.
WAP, which stands for Works Progress Administration, authorized Congress to spend $5 billion for emergency relief. Social Security was a welfare program for aged people. The National Labor Relations Board was made to oversee collective bargaining. This was only the first few years in office and FAD had accomplished more than most Presidents have accomplished there first term. , , Another event that Franklin D. Roosevelt was present for was World War II. This war was to bring an end to Hitless reign. This was very important and still is. This war was sparked by Hitler s invasion of Poland.
This war put an end, to only to Hitler but on terrible racial crimes. It also set a new world where imperialism could no longer be sustained. People were able to claim their independence instead of the government controlling and having absolute power over them. On top of all the other programs, corporations, and acts Franklin D. Roosevelt wasn’t done yet. FAD started the Lend Leasing Act in 1940. The Lend Leasing Act was an act allowing the United States to aid the Allied Powers without entering the war. As we all know all wars end ugly. Devastating is about the only word that comes to mind when you think of the mime Franklin D.
Roosevelt was around. “Yesterday, December 7th, 1941-?a date which will live in infamy-?the Ignited States of America was suddenly and deliberately attacked by naval and air force of the Empire of Japan. The United States was at peace with that nation and, solicitation of Japan, was still in conversation with its government and its emperor looking toward the maintenance of peace in the Pacific,” was a statement from one of Fad’s statement about the Pearl Harbor attacks. , Successes and Failures: Now that we have some knowledge on F-rankling D. Roosevelt we can see what we can earn from him by looking at his successes and failures.
Some of the FAD New Deal successes were Security and Exchange Commission, which was made to monitor business and trade, Social Security Administration, which was insurance for individuals to make sure they were financially taken care of if they were incapable of working Federal Deposit Insurance Corporation, which was created so people could trust banks again if they deposited money in them, the Tennessee Valley Authority, which was the one of the largest electricity areas, and the National Recovery Administration, which established abort (maximum hours, minimum wages, and etc.
Some failures of FAD New Deal were Agricultural Adjustments Administration, which failed because it took land out of production, and Works Progress Administration, which helped the unemployed but in the end Roosevelt wasn’t spending enough money. A lesson from FAD that our government could learn is to budget better when it comes to government spending and to take more chances. We will never know what will happen unless we give it a chance. It seems like in today’s time we are scared to make decisions in today’s government.
Above al, from r-DRY, our current government could learn stronger leadership skills and following through on action plans rather than trying to please everybody. In the end the American government could learn an amazing deal from Franklin D. Roosevelt. He was not perfect but neither is any President. However, we can learn what to do and not to do. Is there much difference in our economy now then when Franklin D. Roosevelt was President? The simple answer would be No. FAD and Obama are not much different.
They both started their presidency with unemployment rates out of the roof. People may not want to say it but we are in a recession currently. There are many things President Obama could learn from FAD because they both went through the same things coming into office. The unemployment rate was at its highest during the Great Depression. It gradually went down after FAD took presidency. President Obama took his Presidency under the same circumstances when It comes to unemployment and recession.
We are looking at another Great Depression soon. If things were to get worse and we were to end up in another Great Depression the people in America would be a complete mess. There would be chaos everywhere and a lot of people would probably resort to crime. We have so much more in today’s time compared to the asses. We have new technology, banking and regulations. With all of these new changes we have compared to the 1 9305 comes greed and selfishness.
We depend so much on money and flashy or big things that we don’t take time to unite the family. Finances are in the top for divorce right now because people just don’t seem to care to unite the family. When something bad happens people react with chaos. In the 1 sass family always came first. Families were way more unified which meant that in bad times they turned to someone in the family. In today’s time we rely on physical items rather than family so when something bad happens people don’t turn to family but rather crime or meltdowns.
It is extremely important that we take a good look at Franklin D Roosevelt and his Presidency so we can learn and prevent things from getting worse. Franklin D. Roosevelt may not have restored our economy completely but he did change America completely. FAD made a lasting impression on America. He was the only president to serve four terms because there was no limitations on how any terms a president could serve. He led the American people through two devastating events: the Great Depression and World War II.
At age 63, FAD was having his portrait painted when he lost consciousness. He died at 3:pm on April 12, 1945 from cerebral hemorrhage. If we live by Fads statement, “The country needs and unless I mistake its temper the country demands bold persistent experimentation. It is common sense to take a method and try it If it fails admit it frankly and try another. But above all try something,” we would have more successes today rather than doing nothing. Bibliography needy, David M. Freedom from Fear: The American People in the Depression and War.