“Only Thing To Fear”

-1932 Inauguration Speech

“The only thing we have to fear, is fear itself”

-Public Relations– Keeping the public informed, restoring faith in American Institutions

-Fireside Chats- radio conversations with the American public to ease fears about depression

A Call to Action

-Progressive programs

Experiment with solutions

(like TR)

-Group Effort

Eleanor Roosevelt – first lady, very involved, traveled the country for her husband speaking with people

Brain Trust- experts appointed to the Cabinet

-1st 100 Days- passed 15 major acts through Congress

First New Deal

-Bank Holiday – banks closed for inspection

-FDIC- insured bank accounts

Glass-Steagall Act

-SEC- investigates and regulates stock market

-designed for recovery and relief

-deficit spending- borrowed $ to pay for programs

-pump priming

Alphabet Soup

-FDIC

Federal Depositors Insurance Corporation

-SEC

Securities and Exchange Commission

-PWA

Public Works Administration

-CWA

Civil Works Administration

Alphabet Soup

-TVA

Tennessee Valley Authority

-CCC

Civilian Conservation Corp

-AAA

Agricultural Adjustment Act

-NRA

National Recovery Administration

Dust Bowl

-great drought had hit the lower plains

-mid 1930’s wind storms started

-farms destroyed

-many people migrate to the west

migrant farm workers

“Okies”

-”Grapes of Wrath”

John Steinbeck

Dust Bowl

-great drought had hit the lower plains

-mid 1930’s wind storms started

-farms destroyed

-many people migrate to the west

“Okies” - migrant farm workers

-”Grapes of Wrath”

John Steinbeck

Not Enough Help

-By 1935 the economy has still not recovered

-there is enough relief to keep people from starving

-some people start to demand more action

New Deal Critics

-Father Coughlin

heavy taxes on the rich to provide income for all

-Huey Long (LA senator)

“Every man a King”

level income, home and college for all

-Francis Townsend

proposed income for elderly

(pensions)