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The Great Depression and the New Deal. For generations, the collective American consciousness has believed that the former ruined the country and the latter saved it. Endless praise has been heaped upon President Franklin Delano Roosevelt for masterfully reining in the Depression’s destructive effects and propping up the country on his New Deal platform. In fact, FDR has achieved mythical status in American history and is considered to be, along with Washington, Jefferson, and Lincoln, one of the greatest presidents of all time. But would the Great Depression have been so catastrophic had the New Deal never been implemented? In FDR’s Folly, historian Jim Powell argues that it was in fact the New Deal itself, with its shortsighted programs, that deepened the Great Depression, swelled the federal government, and prevented the country from turning around quickly. You’ll discover in alarming detail how FDR’s federal programs hurt America more than helped it, with effects we still feel today, including: • How Social Security actually increased unemployment • How higher taxes undermined good businesses • How new labor laws threw people out of work • And much more This groundbreaking book pulls back the shroud of awe and the cloak of time enveloping FDR to prove convincingly how flawed his economic policies actually were, despite his good intentions and the astounding intellect of his circle of advisers. In today’s turbulent domestic and global environment, eerily similar to that of the 1930s, it’s more important than ever before to uncover and understand the truth of our history, lest we be doomed to repeat it.
ultimately elevating public opinion of his administration but falling flat in achieving the economic revitalization that America so desperately needed from the Great Depression. Folsom takes a critical, revisionist look at Roosevelt's presidency, his economic policies, and his personal life. Elected in 1932 on a buoyant tide of promises to balance the increasingly uncontrollable national budget and reduce the catastrophic unemployment rate, the charismatic thirty-second president not only neglected to pursue those goals, he made dramatic changes to federal programming that directly contradicted his campaign promises. Price fixing, court packing, regressive taxes, and patronism were all hidden inside the alphabet soup of his popular New Deal, putting a financial strain on the already suffering lower classes and discouraging the upper classes from taking business risks that potentially could have jostled national cash flow from dormancy.
From first to last the New Deal was a work in progress, a patchwork of often contradictory ideas.
When the stability of American life was threatened by the Great Depression, the decisive and visionary policy contained in FDR's New Deal offered America a way forward. In this groundbreaking work, William E. Leuchtenburg traces the evolution of what was both the most controversial and effective socioeconomic initiative ever undertaken in the United States—and explains how the social fabric of American life was forever altered. It offers illuminating lessons on the challenges of economic transformation—for our time and for all time.
“Kirstin Downey’s lively, substantive and—dare I say—inspiring new biography of Perkins . . . not only illuminates Perkins’ career but also deepens the known contradictions of Roosevelt’s character.” —Maureen Corrigan, NPR Fresh Air One of Franklin Delano Roosevelt’s closest friends and the first female secretary of labor, Perkins capitalized on the president’s political savvy and popularity to enact most of the Depression-era programs that are today considered essential parts of the country’s social safety network.
Franklin Delano Roosevelt stands astride American history like a colossus, having pulled the nation out of the Great Depression and led it to victory in the Second World War. Elected to four terms as president, he transformed an inward-looking country into the greatest superpower the world had ever known. Only Abraham Lincoln did more to save America from destruction. But FDR is such a large figure that historians tend to take him as part of the landscape, focusing on smaller aspects of his achievements or carping about where he ought to have done things differently. Few have tried to assess the totality of FDR's life and career. Conrad Black rises to the challenge. In this magisterial biography, Black makes the case that FDR was the most important person of the twentieth century, transforming his nation and the world through his unparalleled skill as a domestic politician, war leader, strategist, and global visionary -- all of which he accomplished despite a physical infirmity that could easily have ended his public life at age thirty-nine. Black also takes on the great critics of FDR, especially those who accuse him of betraying the West at Yalta. Black opens a new chapter in our understanding of this great man, whose example is even more inspiring as a new generation embarks on its own rendezvous with destiny.
Franklin D. Roosevelt, consensus choice as one of three great presidents, led the American people through the two major crises of modern times. The first volume of an epic two-part biography, Franklin D. Roosevelt: Road to the New Deal, 1882-1939 presents FDR from a privileged Hyde Park childhood through his leadership in the Great Depression to the ominous buildup to global war. Roger Daniels revisits the sources and closely examines Roosevelt's own words and deeds to create a twenty-first century analysis of how Roosevelt forged the modern presidency. Daniels's close analysis yields new insights into the expansion of Roosevelt's economic views; FDR's steady mastery of the complexities of federal administrative practices and possibilities; the ways the press and presidential handlers treated questions surrounding his health; and his genius for channeling the lessons learned from an unprecedented collection of scholars and experts into bold political action. Revelatory and nuanced, Franklin D. Roosevelt: Road to the New Deal, 1882-1939 reappraises the rise of a political titan and his impact on the country he remade.
By insisting that the economic bases of proposals be accurately represented in debating their merits, Rosen reveals that the productivity gains, which accelerated in the years following the 1929 stock market crash, were more responsible for long-term economic recovery than were governmental policies."--Jacket.
A revealing portrait of the end of Franklin Delano Roosevelt's life and presidency, shedding new light on how he made his momentous final policy decisions The first hundred days of FDR's presidency are justly famous, often viewed as a period of political action without equal in American history. Yet as historian David B. Woolner reveals, the last hundred might very well surpass them in drama and consequence. Drawing on new evidence, Woolner shows how FDR called on every ounce of his diminishing energy to pursue what mattered most to him: the establishment of the United Nations, the reinvigoration of the New Deal, and the possibility of a Jewish homeland in Palestine. We see a president shorn of the usual distractions of office, a man whose sense of personal responsibility for the American people bore heavily upon him. As Woolner argues, even in declining health FDR displayed remarkable political talent and foresight as he focused his energies on shaping the peace to come.
A look at how the New Deal fundamentally changed American life, and why it remains relevant today" The New Deal was America's response to the gravest economic and social crisis of the twentieth century. It now serves as a source of inspiration for how we should respond to the gravest crisis of the twenty-first. There's no more fluent and informative a guide to that history than Eric Rauchway, and no one better to describe the capacity of government to transform America for the better."--Barry Eichengreen, University of California, Berkeley The greatest peaceable expression of common purpose in U.S. history, the New Deal altered Americans' relationship with politics, economics, and one another in ways that continue to resonate today. No matter where you look in America, there is likely a building or bridge built through New Deal initiatives. If you have taken out a small business loan from the federal government or drawn unemployment, you can thank the New Deal. While certainly flawed in many aspects--the New Deal was implemented by a Democratic Party still beholden to the segregationist South for its majorities in Congress and the Electoral College--the New Deal was instated at a time of mass unemployment and the rise of fascistic government models and functioned as a bulwark of American democracy in hard times. This book looks at how this legacy, both for good and ill, informs the current debates around governmental responses to crises.