Roosevelt's Campaign Platform: The New Deal
Democratizing Capital talked about the New Deal in a positive way. It was very candid in the way it resonated its message. It stated that the New Deal would prevent a future stock market crash and avoid a depression. The stock market crash of 1929 set into motion a series of events that would launch the United States into a fathomless recession. The Great Depression epitomized the end of an era of economic prosperity during the 1920's. Herbert Hoover was held accountable for the economic downturn. Hoover believed the root cause of the depression was international, and he therefore believed that restoring the gold standard would ultimately drag the United States out of depression by reviving international trade. Hoover initiated many new domestic works programs aimed at creating jobs, but it seemed to have no effect as the unemployment rate continued to rise. The Democrats nominated Franklin Roosevelt as their candidate for president in 1932 against the incumbent Hoover. Roosevelt was elected in a landslide victory in part due to his platform called "The New Deal". This campaign platform was never fully explained by Roosevelt prior to his election, but it appealed to the American people as something new and different from anything Hoover was doing to ameliorate the problem. The Roosevelt administration's response to the Great Depression served to remedy some of the temporary employment problems, while drastically changing the role of the government, but failed to return the American economy to the levels of prosperity enjoyed during the 1920's.
When Roosevelt took office on March 4, 1933, the nation faced a desperate situation, but the first 100 days of his presidency indicated how his administration would combat the depression. Roosevelt's administration sought to alleviate the problems of the depression by focusing on domestic issues. In his first 100 days in office, the president along with a strong Democratic majority in Congress pushed through 15 bills aimed
When Roosevelt took office on March 4, 1933, the nation faced a desperate situation, but the first 100 days of his presidency indicated how his administration would combat the depression. Roosevelt's administration sought to alleviate the problems of the depression by focusing on domestic issues. In his first 100 days in office, the president along with a strong Democratic majority in Congress pushed through 15 bills aimed