wednesday february the 25th.
Roosevelt's New Deal
-Civil Works Administration- helped people find jobs during the depression, provided immediate relief
-Congress pass the Home owner's Loan Act- banks refinance mortgages- Homeowners Loan Corporation, allowed payments to be smaller (Relief, Recovery, and Reform)
-Agriculture Adjustment Act (AAA)- Pays farmers not to farm for a time period, reduce size of herds
-Directed at farmers who owned land, hurt tenant farmers/share croppers who did not own land
-hurt those farmers affected by the Dust Bowl- large amounts of topsoil moved east
*AAA was struck down by supreme court
-National Industrial Recovery Act (NIRA)- established National Recovery Administration
-wanted to bring businessmen together to- raise wages by 30-40% an hour and 30-40 hours a week- to spread out available work
- businesses would put the poster of a 'blue eagle' in their front windows to attract workers
-Key point- Government tried to bring leading manufactures to make ground rules- about prices, hours, and wages- however there was no enforcement- failure
*supreme court declares these ground rules unconstitutional, mix of separation of powers
-NIRA also sets up Public Works Administration (PWA)- sponsored major projects to improve infrastructure (schools, hospitals, etc.)
- Builds 3 major dams- Grand Coulee, Boulder, and Boniville Dam
-Builds Key West Causeway and Tribourough Bridge in NYC
-Large segments of the country did not have electricity- Part of Roosevelt's Deal was to:
-build dams across the TN river valley which created many power plants
-Each was government owned- created competition with other plants, forces other to lower rates and consumers benefit
-PWA- dams = economic development in the west ex. Boulder Dam- drinking water for CA, irrigation, electricity provided to AZ and CA
-Critics of the 'New Deal':
-Huey Long- 'share the wealth'- every American family should get $1000 estate; redistribute wealth
-Father Coughlin- "radio priest"- denounced democracy and Jews
-Francis Townshend- wanted senior citizens to get $200 a month on condition that they would spend it
-Millions of workers joined labor unions- NIRA allowed workers to join these unions
-obligated employers to bargain with employees
-this did not work, many employees with on strikes, some ending violent
-workers took anger out at poll- democrats won 70% of open seats in 1934
-The American Communist Party gains strength
by: Corinne :]]]]]]
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