President Roosevelt’s Goals

Upon his election to deliver the new-made Deal, an unprecedented number of reforms addressing the harmful effects of the Great Depression, Roosevelt felt it was the federal official governments duty to do the American commonwealth weather these bad times. His first duty as prexy was to declare a four-day bank Holiday, during which time congress drafted the Emergency Banking touchst star of 1933, which stabilized the Banking ystem.This restored faith in the Banking systems for the people. Three months later he sign-language(a) the Glass-Steagall stage, which created the FDIC, federally insuring deposits. The Civil Conservation Corps was one of the New Deals some successful programs. It addressed the pressing problem of unemployment sending millions of men to the Nations forests to lead off. The whole kit and caboodle Progress Administration program Roosevelts major work program, would employ 8. 5 million Americans to build airports, parks, ridges, etc.Other programs includ ed were, The National Industrial Recovery flake (NIRA) and The National Recovery Administration (NRA) were created to help unemployment. The Federal Emergency succor Program (FERA) gave 3 million to states for work relief programs. The Agricultural scrap subsidized farmers for reducing crops and provided loans for farmers facing bankruptcy. The Home Owners loan Corporation (HOLC) helped people drop a line their homes from foreclosure. The Deal Programs did not end theGreat Depression, they did however help Americans by taking care of their canonical needs and giving them the dignity of work and hope. President Roosevelt not only got the American people a start in the Great Depression but he would go on to start a few more important deal programs. The Wagner Act, one of the most important pieces of labor legislation in History. It supported the decentlys of workings class Americans, guaranteeing workers the right to organize Unions and bargaining with management. Then there w as the SocialSecurity Act in 1935 proposed by Roosevelt. This Act has proved to be the most operative and far-reaching of all the New Deal initiatives. The Social Security Act was to help those who were disabled, blind, or elder. The New Social Security tax took money right out of workers pockets and placed it into a retirement trust fund, exacerbating the shoplifting money supply that was one of the main causes of the Great Depression. President Roosevelt created some other major bill called the Revenue Act, it raised taxes on annual income to a higher place $50,000.Estate and Gift taxes also rose as did the corporate tax rate. This caused an hangover among businessmen and conservatives, who were fuming at Roosevelt saying he was moving dangerously into a radical direction. Roosevelt countered by stressing he had no love for socialism. Roosevelt steered a zag course between the extremes of unregulated Capitalism and socialism. The Greatest failure of the New Deal was its inabi lity to restore economic regulatory powers of t federal welfare system.Roosevelt was no socialist, he sought o preserve the basic capitalist structures. The New Deal represented a halfway conversion that altered the Nations social and political landscape. President Roosevelt had three main goals spell in office, to provide assistance to millions of needy Americans, to improve the level of the Economy, and to pass laws that would eradicate poverty and unemployment. People called this the Three Rs Recovery, Relief, and Reform. Due to his dedication to save America from the Great Depression we today can live a better life.