TEKS 8C: Calculate percent composition and empirical and molecular formulas. Second New Deal

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Discuss the programs of social and economic reforms in the second New Deal. Explain how New Deal legislation affected the growth of organized labor. Describe the impact of Roosevelt’s court-packing plan on the course of the New Deal. Objectives

TEKS 8C: Calculate percent composition and empirical and molecular formulas. As FDR planned a new round of spending, critics charged that New Deal programs, and their high price tags, were wasteful. The government was spending money it did not have. The federal deficit had soared to $4.4 billion.

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Public-works projects put money in the hands of consumers. Consumer spending would stimulate the economy. Deficit spending was needed to end the depression. Keynes called this idea pump priming. Economists such as John Maynard Keynes disagreed. Deficit spending continued under the second New Deal.

Federal Deposit Insurance Corporation (FDIC) REFORM Federal government guarantees bank deposits –1933 $5,000 –2016 $250,000 Rebuild confidence in the banking system.

Civilian Conservation Corps (CCC) RELIEF Eligible –Young –Single –Men Work –Environmental projects –Forestry –Terracing –Planting trees –Fighting forest fires Pay –$30 per month –Most of it sent home –Room & Board provided

Tennessee Valley Authority (TVA) RECOVERY Build dams on the Tennessee River and its tributaries. Affected several southern states. Provided: –Electricity –Jobs –Protection from floods and soil erosion –Reservoirs –Recreation Eventually sold to private companies.

TEKS 8C: Calculate percent composition and empirical and molecular formulas. National Recovery Administration (Recovery) eliminate "cut-throat competition" Bring industry, labor and government together to create codes of "fair practices“ set prices and wages.

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Workers built highways and public buildings, dredged rivers and harbors, and promoted soil and water conservation. Artists, actors, historians, photographers, and dancers were hired.

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Springville Art Museum, WPA Ogden High, WPA Timpanogos Cave structures, WPA Zion Park Structures, CCC and WPA

TEKS 8C: Calculate percent composition and empirical and molecular formulas. WPA: Federal Artists Project Lynn Faucett in Price

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Federal Projects

TEKS 8C: Calculate percent composition and empirical and molecular formulas. It created a pension system for retirees. It also provided unemployment insurance insurance for victims of work-related accidents aid for poverty-stricken mothers and children, the blind, and the disabled Social Security Act

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Such benefits helped reduce poverty among the nation’s elderly.

TEKS 8C: Calculate percent composition and empirical and molecular formulas.

Roosevelt also believed that improving the standard of living for industrial workers would benefit the entire economy. Wagner Act Fair Labor Standards Act recognized the right of workers to join labor unions gave workers the right to collective bargaining set a minimum wage and maximum workweek outlawed child labor

TEKS 8C: Calculate percent composition and empirical and molecular formulas. The New Deal gave women an opportunity to increase their influence. Transformed the role of First Lady from ceremonial to political activist Traveled widely Champion for Blacks Sang with WWI vets Visited mines Eleanor Roosevelt inspired many women in her leadership role during the New Deal.

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Roosevelt vs. Supreme Court The Supreme Court ruled several of Roosevelt’s New Deal programs were unconstitutional  AAA,  NIRA,  NRA

TEKS 8C: Calculate percent composition and empirical and molecular formulas. After a strong re-election in 1936, Roosevelt decided to take on the court In 1937, FDR proposed adding up to six new Justices to the Court. o The new justices would supposedly be more friendly Critics attacked his court-packing plan as an attempt to expand presidential power. o Roosevelt lost some influence with the American people Supreme Court vs. Roosevelt

TEKS 8C: Calculate percent composition and empirical and molecular formulas. Court Packing

TEKS 8C: Calculate percent composition and empirical and molecular formulas. The combination caused the economy to sink again, and unemployment soared. Government spending increased again After the economy had begun to improve in 1935 and 1936, FDR cut back on government spending to reduce the deficit. At the same time, interest rates rose. Roosevelt faced other challenges to the New Deal.

Achievements of New Deal Provided relief Government—agent for good Saved capitalism Long-term reform –Banks –Stock market –Housing –Labor –Elderly

Criticism of the New Deal Undermined American values—hard work! “Trick” to win elections! Threat to checks & balances! –Court Packing Scheme Deficit-spending & national debt Failed to end depression! Creeping Socialism! Failed to help –Women –Minorities (Blacks and Indians)