1. Ch Notes

2. Second Hundred Days
Started in 1935, builds off programs set up in 1st Hundred Days
Economy doing better but still not back to normal
Roosevelt re-elected in 1936
**Of note, election of 1936 was first time majority of African Americans voted Democrat and not Republican and first time labor unions gave united support to a presidential candidate.**

3. Help for Farmers Thousands of farmers lost their homes and land
AAA unconstitutional so gov’t creates: Soil Conservation and Domestic Allotment Act: pays farmers for cutting production and rewards farmers for practicing good soil conservation techniques
1938 Congress approves the 2nd AAA, same as first but with minor changes

4. More ABC Soup….. Works Progress Administration (WPA)
Goal is to create as many jobs as fast as possible
spends $11billion to give jobs to more than 8 million people
Built roads, airports, public buildings, sewing groups, etc
National Youth Administration (NYA), created specifically to provide education, jobs, and recreation for young people
Provides financial aid but student must work part time at the school

5. More programs……
Wagner Act: allows collective bargaining for labor unions
Fair Labor Standards Act: set max work hours per week (44) and sets a minimum wage (.25), sets work rules for those under 16
Social Security Act: 1935
Old Age Insurance for retirees 65 and older, supplemental retirement plan
Unemployment Compensation
Aid to families with dependent children and the disabled

6. Roosevelt Recession
Despite FDR’s best efforts (and spending) Depression does not go away after 1st term
Unemployment 25% 1932 to 15% 1937
“Roosevelt Recession”- 1937
Social Security cuts pay
Risk of Spending and cut backs
Economics according to John Maynard Keynes

7. The Truth:
NEW DEAL HELPS EASE BURDEN OF GREAT DEPRESSION BUT DOES NOT SOLVE PROBLEM. WWII GETS US OUT OF GREAT DEPRESSION. WAR SOLVES UNEMPLOYMENT PROBLEM..DOMINO EFFECT
National Debt soars!

8. Critics of the New Deal
Too Much Spending and Waste with little accomplishments
Socialism
Increased Debt
“Case of the Gimmies”