Interpretations of Franklin D. Roosevelt’s New Deal

In the midst of the greatest depression in the history of the United States, Franklin D. Roosevelt and his committees drafted The New Deal, consisting of policies which they hoped would help all declining facets of the nation at the time. The American people needed to heed a promising leader that would set plans to end the depression, a change from president Hoover who seemed to have no set plan for foe dealing with such economic crisis. The New Deal aimed to stimulate the economy, create jobs, and lift America out of the economic strife. The controversy amongst historians that surrounds the New Deal is whether or not it prospered in helping America out of a depression. David M. Kennedy argues that the New Deal did indeed serve its†¦show more content†¦AAA gave a big push in agriculture economy, as well as modernizing new farming technique of, â€Å"†¦cultivation of soil-improving crops such as legumes, lespedeza, and soybeans. The range of these crops was extended no rthward, and the production of soy-beans became a major item†¦ Hybrid corn was used more extensively and yields double previous ones were reported in many areas. These changes and experiments were expected to have far-reaching effects on the economy† (Saloutos 400-401). These new findings in farming crops increased the production, giving hope to farmers. The New Deal also imposed the Federal Crop Insurance Act, â€Å"viewed the crop insurance program as the agricultural counterpart of the Social Security Act, which furnished unemployment insurance for nonagricultural workers. During the first year of the program, 1939, about 56,000 farmers received in excess of 10,000,000 bushels of wheat or the cash equivalent in indemnities for crops destroyed by forces beyond their control; this provided them with income that otherwise would have been lost† (Saloutos 402). Through this insurance policy for farmers, they were reimbursed with money or crops if they were unemployed for any reason. Giving farmers product to work with allows them to build on it and increase income, therefore increase spending and saving. Saloutos also explainsShow MoreRelatedThe Great Depression : The Crash, Burn, And Reparation Of The American Economy1053 Words   |  5 Pages I pledge myself, to a new deal for the American people† is what Franklin Roosevelt stated in his presidential campaign against President Hoover (Library of Congress 2017). He promised to the American people what they wanted to hear: hope in hard times. Unsurprisingly, in November 1932, Franklin Delano Roosevelt won the presidential election over Herbert Hoover by a landslide, receiving 22.8 million popular votes to Hoover’s 15.75 million (PBS 2017). 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