yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

What few people know about the program that "saved" America - Meg Jacobs


4m read
·Nov 8, 2024

In 1932, the Great Depression entered its third winter. One in four Americans was unemployed, marking the highest unemployment rate in the country’s history. Tens of thousands had lost their homes and life savings, and there was very little confidence that Republican President Herbert Hoover could turn things around. So when the election came, voters flocked to his Democratic competitor.

Franklin D. Roosevelt promised a New Deal for Americans—a comprehensive set of legislation to support struggling citizens and put the country back to work. The massive federal intervention Roosevelt proposed was a radical challenge to the individualist ideals that governed many Americans’ lives. But due to the extreme circumstances, he began his presidency with public and political support.

With the help of his advisers, Roosevelt’s first hundred days in office were perhaps the most eventful of any US president. In just over three months, he pushed over 15 bills through Congress and created an “alphabet soup” of government agencies to help farmers, workers, and businesses. The New Deal’s first priority was stabilizing the banks.

Over the previous three years, many Americans had withdrawn their savings out of fear the bank would lose their money in bad investments. So, to regain the public's confidence, FDR increased federal oversight of commercial banks and created bank insurance to guarantee that any deposited funds would always be available.

Next, he established the Federal Emergency Relief Administration. FERA cataloged each state’s need for relief and provided funds to help citizens afford groceries, rent, clothing, coal, and other necessities. Meanwhile, the Agricultural Adjustment Administration subsidized farmers and educated them in improving planting techniques.

These policies fed and housed thousands, but they didn’t significantly address the New Deal’s biggest promise: reducing unemployment. So the Civilian Conservation Corps was established to employ over 250,000 young men for projects like tree planting, irrigation, and fire prevention. The CCC offered onsite work camps that provided food, shelter, and education to those employed; mostly young, single men with families in need of relief.

Subsequent programs like the Works Progress Administration and the Tennessee Valley Authority added projects building roads, bridges, and hydroelectric dams. The WPA also funded art, writing, and theater programs. These initiatives cut civilian unemployment in half. And they did so alongside labor acts that abolished child labor, granted unions the right to collective bargaining, and set the first national minimum wage.

Benefits were also created to help those unable to work. The Social Security Act established an old-age pension system in addition to unemployment insurance, disability benefits, and welfare assistance. But despite these sweeping policies, the New Deal helped some groups more than others. Black Americans were hit hardest by the economic downturn, and the New Deal’s impact on Black communities varied widely.

In northern cities like Chicago, Black citizens received a large share of jobs, vocational training, and education, with New Deal programs teaching more than one million Black Americans to read. Northern Black communities also received an influx of public housing, though it was heavily segregated. In the South, results were less positive.

Roosevelt relied heavily on the support of Southern Democrats, who welcomed economic development but fought to preserve white supremacy. They ensured that new labor laws excluded domestic servants and agricultural workers, occupations held by many Black Americans. These politicians and many others also undermined Eleanor Roosevelt’s attempts to push her husband toward supporting a federal anti-lynching law.

As a result, the New Deal has often been called a “raw deal” for Black communities. And many modern inequities in housing, employment, and financial stability are partially due to New Deal programs prioritizing white Americans. In these ways and more, the New Deal didn’t fully live up to its promises.

Despite employing over 8 million Americans, unemployment never went lower than 14%. And the US economy wouldn’t fully recover until the country’s mobilization for World War II. But this bold campaign of progressive policies did empower unions to start their own revolution.

In the coming decades, northern liberals, Black Americans, and other working minorities united to fight discriminatory hiring. In the process, they reshaped the Democratic Party; challenging its racist leadership, and laying the groundwork for an emerging civil rights coalition.

More Articles

View All
Picking hyperbola equation
So, we’re asked to choose the equation that can represent the hyperbola graphed below. This is the hyperbola graphed in blue, and I encourage you to pause the video and figure out which of these equations are represented by the graph here. All right, let…
THE NEW $600 STIMULUS CHECK | What You MUST Know
What’s up you guys? It’s Graham here. So, it finally happened! After months of waiting and hundreds of Meet Kevin videos later, which admittedly I watched pretty much all of them, a brand new stimulus package was just passed and sent off to the president …
A Former FBI Agent Explains the Terrorist Watch List | Explorer
What exactly can the government do to him, to any of us, whether we’re on the watch list or not? As a journalist, my first hunch is to go straight to the source. Michael German is a former FBI agent who has experience with the terrorism watch list. What …
How the Electoral College Works
Ah, Election Day, when Americans everywhere cast their ballot for the next President of the United States. Except, not really – Americans don’t directly vote for president. So, what’s happening on election day then? It’s a bit complicated because of somet…
Subjects and predicates | Syntax | Khan Academy
Hello grammarians, hello Paige, hi David. So today we’re going to talk about identifying subjects and predicates. In order to do that, we shall begin with a sentence. Paige, would you read me the sentence please? “I bought a crate of goblin hats.” Thank…
This Black Hole Could be Bigger Than The Universe
We proudly present to you: The kurzgesagt Guide to Curiosity. Join us on an interactive adventure across 160 thrilling pages that will change your perspective on the world forever. Available now on the kurzgesagt shop. You might be inside a black hole th…