First Inaugural Address: Overcoming The Great Depression

In 1929, the United States Stock Market crashed, heralding the tumble into world-wide depression. President Hoover tried to pacify the people by telling them it was temporary and would pass over. But a new figure rose out of the people, promising he would do anything and everything he could to restore their lives. In 1932, Franklin D. Roosevelt was elected to the presidency, and his new policies would soon sweep over the country. Roosevelt's responses to the problems of the Great Depression were successful in strengthening the power of the federal government and instilling hope in the public, yet were unsuccessful in that they did not help him achieve his intended goal: the restoration of the economy. His responses were, however,

The New Deal was a necessary program out in place which helped the nation and expanded the role of the government in a positive way. The nation was struggling in effect of the Great Depression and going through a hard time, and the New Deal helped the country out of it. Alone, the citizens of the United States would have never been able to pull themselves out of this mess, but the government stepped in and helped to fix the nation. The benefits of the New Deal can best be summed up with the three R’s: relief, recovery, and reform.

George Washington had to borrow money to relocate to New York, then the center of American government. His presidential inauguration was held near New York 's Wall Street in late April 1789. A tremendous crowd showed up to see the man now known as "the Father of His Country." Borrowing a custom from English monarchs, who by tradition address Parliament when its sessions open, Washington gave a brief speech. It was the first inaugural address and the first of many contributions that Washington would make to the office of the presidency. But this would be no monarch; the new leader wore a plain brown suit.

The New Deal was a series of programs created by the 32nd President of the United States, Franklin Delano Roosevelt, during a time of economic depression to help the poor and destitute people of the nation by creating jobs, providing economic recovery, helping restore damaged areas in the U.S., and much more.

The New Deal was something that was supposed to help citizens of the U.S get jobs so they could care for their family. During the Great depression and Dust Bowl many people lost their jobs and most people were now poor. The New Deal started in 1933 and gave some Americans jobs. The New Deal was a failure because it was racist towards African Americans and poverty continued throughout the U.S.A.

Franklin D. Roosevelt stated in his second inaugural address that “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.” The Great Depression was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. The U.S. could not emerge from the pit of a national crisis without profound social and cultural changes. This era affected people through spending cutbacks and unemployment, but also brought the American people closer to their

The New Deal help created jobs and money to a lot of people in the 1930s. The New Deal created jobs by “creating the Works Progress Administration (WPA) to provide jobs for unemployed people” (history.com/topics/new-deal). This administration gave jobs to millions

The New deal was Franklin D. Roosevelt’s plan to end the great depression. It created jobs, made the social security program, and helped farmers make soil less loose. (Sources E, F, and G)It solved the banking situation, and modified the stock market. It also helped businesses get unions. (Source F) The New Deal was successful because it created many jobs and saved banks. (Sources F, G, I, and J)

In the year 1993 when Franklin D. Roosevelt gained the presidency the nation was going through a crisis known as the Great Depression. In his inaugural address he highlighted the economic issues that the american people were being faced with. During this time taxes had risen, many were jobless, others had to settle for low wages, hundreds of people lost years of savings. After F.D.R. reiterates the economic problems the people were being faced with he told them who to blame. He reminded them that the economy hadn’t fallen due to lack of resources, but by the stubbornness and incompetence of the ‘rulers of exchange’ better known as bankers.

On October 29, 1929 the country hit rock bottom financially, and for the next three years it did not get any better. The people started to blame the those in power, which created a country of anger. The roaring twenties had come to an end and it seemed all hopes were lost. The stock market was done for and banks all over the country were coming to terms with the same fate. As poverty and unemployment spread like wildfire across the nation, a new leader was elected. His Inaugural Address gave hope to all by showing that there was nothing to fear, materialistic views were not the road to happiness, and with a new government the nation would rise from this crisis.

In contrast to Hoover’s action during the Great Depression, President Franklin D. Roosevelt stepped up for the people of the country and pursues justice for those that are suffering. President Hoover saw that it was more fit to give the state and the people, the role to fix the country and turn a blind eye to the devastation that occur. Whereas President Roosevelt saw that that is was necessary for the government to intervene and help the people overcome these tough times. In his speech to the people Roosevelt stated, “I see millions denied education,... I see millions lacking the means to buy product…. I see one-third of a nation ill-housed, ill-clad, ill-nourished.” President Roosevelt approaches the people by sending them a powerful message.

First, Roosevelt was willing to do much more than Hoover to combat the Depression. He was willing to have the government get much more involved in the economy. President Roosevelt compares his philosophy of government action to the Found Fathers and their willingness to confront problems by stating his belief that the “Federal Government was created in order to promote the general welfare and secure the blessings of liberty of the American People” (Hanes and Hanes 59). Whereas, Hoover believed in a more optimistic approach and thought that citizens should give more charity to others in order to help the majority. He also thought that the government has already facilitated with other issues, He enforced his beliefs by stating; “the government has already been helpful with the drought- its main priority- and the unemployment” (PAGE). To conclude, Hoover’s approach to the problems of the Great Depression was not nearly as aggressive as

In 1980 America was faced with an economic crisis for the ages and they chose Ronald Reagan to deal with it. By the end of Jimmy Carter’s presidency the interest rate was 15.26 percent, inflation was at 12.5 percent and unemployment at 7.1 percent and these rates were still on the rise.[1] Coupled with an economy that was not growing, these rates pushed the United States into a recession. Due to the current situation President Jimmy Carter had put us in, Ronald Reagan was elected in a landslide victory and at 69 he was the oldest elected president. Reagan was faced with a task comparable to Franklin Roosevelt and his inaugural address needed to reestablish confidence in the American economy. As well as the economic crisis, Reagan was

President Johnson took the oath of office in an airplane, on November 22nd, 1963, after hearing of the Kennedy’s assassination. Johnson just barely made it into office for the 1964 election. When Johnson took the oath as president in 1964, his wife made history, as the first “First Lady” to stand by her husband as he took office. When Johnson took his oath in 1965, he saw himself as an equal to everyone. While he was the one taking the official oath, he believed that he was taking the oath was not his alone, but for every American Citizen. He had big expectation for what would happen during his presidency. He said, “Our destiny in the midst of change will rest on the unchanged character of our people, and on their faith.”

This picture is of Roosevelt during his inaugural address. This is where he told the people of the nation the famous line of, “the only thing we have to fear is fear itself.” He also stated that he would take direct action and attack the depression as if it were a foreign enemy. The very next day he then issued a four day bank holiday to stop people from withdrawing their money from sketchy banks. On March 9th, congress then passed his Emergency Banking act. This reorganized the banks and closed the ones that couldn’t support themselves. In his “fireside chat” three days afterwards he urged the American people to put their money back in banks. By the end of the month he was able to open 3 quarters of them.