The New Deal and Its Legacy How did the expansion of government during the New Deal affect the nation? The First New Deal • 1933-13 million unemployed • Fireside chats • First New Deal • Bank holiday • Emergency Banking Act • Banking Act-FDIC • 1934-SEC Ending Laissez-faire • National Industrial Recovery Act • Increase production; raise wages and prices • Business-codes of competition • Labor-strike; minimum wage; maximum hours • Unemployed-PWA Other Recovery Legislation • Agricultural Adjustment Adm. • Less productionhigher prices; parity • TVA-Tennessee River Valley Authority • CCC-Civilian Conservation Corps • FERA Protests and Challenges • Right wing/left wing • Right-conservatives; big business; religious leaders; too far • 1934-American Liberty League • Al Smith-FDR a leftist radical; New Deal legislation is socialist and unconstitutional On the Left • Left-need more help for the needy • La Follette-larger public works programs • Upton Sinclair-EPIC • Radio Priest • Huey Long-Share Our Wealth The Second New Deal • Shift from recovery to reform • Relief; stability; security • Big Bill-Emergency Relief Appropriations • REA; WPA • Social Security Act • Wagner Act; NLRB FDR v. the Supreme Court • Strikes down the National Industrial Recovery Act • Agricultural Adjustment Act, too • 1936- FDR considers election a mandate • Pack the Court • More tolerant of government regulation Social and Political Impact • Good deal for workers • Mixed deal for women • Disappointing for African-Americans • Better for American Indians • Tough deal for Mexican Americans • New Deal Coalition Modern Industry. New York, New Workers School (1933). Painted by Diego Rivera New Deal Legacy • Life, liberty, and economic security • Includes medical care and an education • Expanded role for government • Welfare state • Deficit spending
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