Essay on FDR Had the Right Idea - 987 Words

Protesters are swarming the capitol city. They are flooding the entrances and lobbies of major government buildings. Thousands have set up makeshift camps. They will not leave until they get what they want. The president is dumbfounded. He wonders how things could have gotten to this point so quickly. His military advisors are prepared to sweep out the protesters with horses and tanks. The president orders the military to act. From that moment on, whether he knows it or not, his presidency is at an end. This is not the story of Hosni Mubarak, President of Egypt, in 2011; it is the story of Herbert Hoover, President of the United States, in 1932. Hoover had tried to battle the Great Depression, but his programs weren’t powerful†¦show more content†¦FDR’s policies put an end to Bonus Marchers, Food Riots and radical politics that had sprung up with revolutionary zeal in reaction to Herbert Hoover’s meager, snail-paced recovery measures. To that generation of Americans, Franklin Roosevelt saved the country in a way comparable only to Abraham Lincoln. Barack Obama’s policies are still in effect and apparently working. The proof is in, government spending cures an economy, just like John Maynard Keynes says. But, are Obama’s policies working? Princeton University Professor Alan S. Binder and Moody Analytics Chief Economist Mark Zandi published â€Å"How the Great Recession Was Brought to an End† in July, 2010. They calculated the effectiveness of various parts of President Obama’s American Recovery and Reinvestment Act of 2009 package with a comparison of how much each type of economic policy actually translated into an economic benefit – how much bang did each buck provide. Binder and Moody calculated â€Å"The bang for the buck is estimated by the one year $ change in GDP for a given $ reduction in federal tax revenue or increase in spending†. Binder and Moody first looked at tax cuts, a popular Republican type of stimuli. For every dollar spent in temporary tax cuts, the average b enefit to the economy was only 82 cents. Permanent tax cuts yielded even less benefit with a return of only 38 cents on the dollar. Obama’s ARRA Assistance related stimuli yielded anShow MoreRelatedThe Legacy Of The New Deal1426 Words   |  6 Pagesand Reform was to put things in place to make sure the problem never arises again. These new ideas transformed the role of the government and its impact on American citizens. Before the New Deal, the government had essentially no influence on the economy or providing for the people. One of the very first things the New Deal dealt with was the banking crisis. By implementing his new economic plans, FDR was able to successfully gain the people’s trust in the banking system. To fulfill the â€Å"relief†Read MoreA New Deal A New America891 Words   |  4 PagesThroughout history, America has had a plethora of leaders. A handful of these leaders have found a place in the heart of many Americans. Franklin D. Roosevelt, commonly referred to as FDR, is without a doubt one of these leaders. FDR made new laws, put forth many ideas, and raised the public’s morale before, during, and after WWII. He affected America in such a way that he brought us out of the slum of Great Depression. Even though Franklin D. Roosevelt put America in debt, his new deal policy gaveRead MoreA Brief Look at Franklin Delano Roosevelt1080 Words   |  4 PagesIn the history of America, we have had a total of 44 presidents; some have been great, and others have been not so gr eat. Presidents should be graded based on how they handle three main grading points: the economy, foreign policy, and equal rights. From our very first president, George Washington, to our most recent president, Barack Obama a good economy is very important because it gives people a better living by giving them job opportunities and a way for people to make money. Foreign policy protectsRead MorePresident Roosevelt and the New Deal1454 Words   |  6 Pagesthe United States in a state of major depression, the Great Depression. FDR was elected for his ideas of change through the new deal, and the thought of hope had given to Americans. Roosevelt knew that a change was needed and was willing to go to tremendous measures to try to bring back the American economy, give jobs, and to keep democracy going on strong. In doing so I believe FDR had to compromise within all types of ideas and government parties to succeed and reach his goals of the three R’s,Read MoreFranklin D. Roosev elt. During The Great Depression In The1745 Words   |  7 PagesDemocratic Party and the former governor of New York, Franklin Delano Roosevelt. On March 4 1933, Roosevelt was inaugurated president by a nation in need of hope. FDR took action immediately to deal with the depression by closing the banks temporarily to allow an increase of confidence by the American population. Although some historians argued that FDR was moving the nation towards socialism rather than capitalism, Roosevelt, however was able to convince Americans that as a nation overcoming The Great DepressionRead MoreUS Elections and The Great Depression1241 Words   |  5 Pagesdemocrats because the republicans had controlled the presidency for most of the time since 1860. The main problem that the election of 1932 dealt with was the Great Depression. Hoover had been unsuccessful in dealing with the great depression. FDR had plans for a new deal, which would dramatically change the economy of America. Hoover and FDR were very different in personality, Hoover was isolated and did not show much emotion, FDR was confident and meant what he said. FDR won the electoral vote 472 toRead MoreThe Great Depression Trademarks America1544 Words   |  7 Pagesthey did not do. With the FDR administration there was no change in the economic well-being within in the states. The Great Depression sparked an economic battle in the United States credited to FDR for his naà ¯ve decisions while president, forever scarring the face of the United States. Franklin D. Roosevelt did the exact opposite of what America had anticipated. Roosevelt did not perform up to the expectations of a man of his incredible ideas . Many of the ideas FDR had culminated would have workedRead MoreThe Era Of Franklin D. Roosevelt And The Civil Rights Movement1251 Words   |  6 Pages The period of the mid 30’s and 40’s during the Roosevelt presidency presented an evolution for minorities, the foundation for the civil rights movement was set during this era. The urgent necessities for Latinos, Blacks, and Native Americans came into focus for a government that was largely ignoring them previously. With the downfall of the economy, minorities were economically hit the worst. Many programs put in during Roosevelt’s administration never provided the same success for minorities thatRead MoreRoosevelt s Rights Of Women1478 Words   |  6 Pagestheir ideas and opinions (Jones 74). The Press Conferences were a way for Roosevelt to communicate with the public, she also used her â€Å"My Day Column to talk to the public about her opinions (Jones 75). December 30, 1935 Roosevelt began her influential â€Å"My Day Column† (Jones 77). The â€Å"My Day column† was said to give hope to Americans (Fordman 11). Roosevelt often â€Å"tested the waters† for FDR on controversial topics, such as rights for women and African Americans (Jones 99). She also helped FDR keepRead MoreThe Tragedy Of The Great Depression1186 Words   |  5 Pagesappear on the scene after a low point, often a major one, in the plot line. Moses from the Bible times comes in to lead the Israelites out of bondage in Egypt to the Promised Land. Percy Jackson is greeted with an impending war of the Greek gods. Right as the White Witch is gaining ground, Aslan comes in and roars. Just look at the recent movie â€Å"Inside Out†; Sadness makes the way for Joy. The audience does not mind the grey and the gloom as long as they know a dashing hero will appear shortly after