the elderly many elderly americans lost all of their savings during the great depression: –bank...
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The Elderly• Many Elderly
Americans Lost All of their Savings During the Great Depression:– Bank Failures – Stock Market Crash
• Too Old to Work
• Many Lost Their Homes & Had to Beg for Food!
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Social Security Act!• American Workers &
Employers Must Make Payments into the Social Security System
• When Americans Retire at 65, They Can Get Their Money Back in Monthly Payments
• Helps Older People Have $$$ When They Retire!
• Known as a Pension System!
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Why Do You Think The Social Security Act is Considered One of the Most
Important Accomplishments of FDR and the US?
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The 2nd New Deal• More Programs
Created by FDR in 1935 to “Stimulate” the Economy
• The 1st New Deal Helped, But Did NOT Solve the Great Depression!
• Unemployment Was Still Very High!
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The 2nd New Deal: WPA
• WPA – Works Progress Administration
• Established Large Scale National Works Programs to Create Jobs!
• More Public Works Projects!
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The 2nd New Deal: REA• REA – Rural
Electrification Administration
• Brought Electricity to Rural Areas
• Gave People Jobs!
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The 2nd New Deal: NYA• NYA – National Youth
Administration
• Set Up Job Programs for Young People & Helped Them Continue Their Education
• Since Jobs Were Limited, FDR Wanted High School Graduates to Go to College!
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The 2nd New Deal: Wagner Act
• Wagner Act
• Protected Workers Rights to Form Unions
• Set Up a National Board (NLRB) to Hear Labor Disputes (Workers vs. Owners)
• HELPED UNIONS!
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Social Security Act!• American Workers &
Employers Must Make Payments into the Social Security System
• When Americans Retire at 65, They Can Get Their Money Back in Monthly Payments
• Helps Older People Have $$$ When They Retire!
• Known as a Pension System!
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1936 Presidential Election
• FDR Won the 1936 Presidential Election by a Landslide! (Again)
• Business Leaders (Owners) Voted Against FDR – Feared Higher Taxes to Pay for New Deal Programs
• Business Leaders Feared Increasing Government Power!
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Working Class & African Americans 1936 Vote
• Working Class Americans Loved FDR (Gave Them Jobs, $$$, Food, Rent)
• FDR’s Programs Helped the Poor - Most African Americans Were Poor
• Why Had African Americans Always Voted Republican Since Abraham Lincoln Was President?
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New Deal vs. The Supreme Court
• Supreme Court Ruled in 1935 that Certain New Deal Programs were “Unconstitutional”
• Executive Branch Had to Much Power:– FDR was Making the
Laws & Congress Was Approving Them
– Control of 2 Branches of Government! (Executive & Legislative)
• Violation of Checks & Balances
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Essential Questions:
• Should the President of the United States have the power to create laws and programs to help the American People in times of great need?
• Even if he has to “Bend the Rules?”
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“Packing the Court”• In 1937, FDR Asked
Congress to Add 6 More Supreme Court Justices (9 + 6 = 15 Total)
• FDR Wanted the New Supreme Court Justices to Approve New Deal Programs
• Plan TOTALLY Backfired!
• Everyone Feared a Dictator in Control of All 3 Branches!
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Criticisms
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New Deal Programs Don’t Fix
The Great Depression• In 1937, The Economy
Took Another Turn For the Worse:– Unemployment Rose– Factories Fired
Workers
• The New Deal Helped, But Did NOT End the Great Depression!
• FDR Was Blamed! World War II Will End the Great Depression!
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Deficit Spending• Deficit Spending is
Using Borrowed $$$ to Fund Government Programs
• Spending $$$ The Government Does Not Have (Public Works Projects)
• Attempts to Create Jobs!
• The New Deal & The 2009 “Stimulus” Package!
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Deficit Spending
• Why is it necessary for the government to spend more money than it has during an economic depression? (Hypothesize)
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2010 Deficit Spending?
• Can you relate deficit spending to the “economic crisis” and President Obama’s plans (The Stimulus Package) to fix the economy today?
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The “2010” New Deal?
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Essential Questions:
• Should Rules Ever Be “Bent?”