preview

Roosevelt 's New Deal For The American People

Decent Essays

Roosevelt took the nomination from the Democrats to become president and pledged to “a new deal for the American people” and eventually established the New Deal for his campaign. The New Deal attracted support from farmers, factory workers, immigrants, city folk, African Americans, women, and progressive intellectuals. Roosevelt had three interrelated objectives: relief, recovery, and reform. Roosevelt wanted to develop plans to meet economic emergency so the New Dealers’ policies were shaped by four underlying ideas. The first one included Roosevelt and his advisers, who sought capitalist solutions to the economic crisis. Second, Roosevelt had been persuaded that under-consumption was the root cause of the current economic paralysis and that the balance between consumption and production needed to be restored. Thirdly, the New Dealers had believed that the immense size and economic power of American corporations needed to be counterbalanced by government and by organization among workers and small producers. Then lastly, they felt that the government must somehow moderate the imbalance of wealth created by American capitalism so that working people could share more fully in the fruits of the economy. The New Deal had established an American welfare that was created to protect the health and well being of its citizens, especially those in financial or social need.

When Roosevelt took oath of office, the bank system was on the brink of collapse. With the creation of the

Get Access