Sunday, April 18, 2010

Spotlight On

New Deal
The New Deal was a series of economic programs passed by Congress during the first term of Franklin D. Roosevelt, 32nd President of the United States. Few new programs were enacted after 1936. The programs were responses to the Great Depression, and focused on what historians call the 3 Rs: relief, recovery and reform. That is, relief for the unemployed and poor, recovery of the economy to normal levels, and reform of the financial system to prevent a repeat depression. Roosevelt and his advisers believed that government spending would create jobs and start a recovery. Even with the New Deal, recovery was slow

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