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I think Roosevelt did do the right thing... he actually did something about the problems in America, unlike Hoover. He took the initiative to set up agencies (alphabet) and help the USA. I dont however, belive that Roosevelt eased USA out of the depression, WWII did that.

But yes, i do belive that was the best thing, especially compared to hoover and his rugged individualism ideologies.

No he did not. He was a big socialist just like the Democrats are today. By growing government Democrats have almost ruined America and have driven us toward socialism in a great way. The economy should be a free market economy without any government interference just as our founding fathers intended.We ought to kick every last one of these Bolshevick Democrats out of the hallowed halls of congress!!

Anon Anon is forgetting that lack of government control in the free market is what led up to the Crash of the Stock Market and the Great Depression. In addition, unruly monopolies are created when there is no government interference in the market. Had "Anon Anon" attended History class, he would've known.


Roosevelt entered office at a time when fear and panic had paralyzed the nation. In a famous passage, historian Arthur Schlesinger described the mood at FDR's inauguration: "It was now a matter of seeing whether a representative democracy could conquer economic collapse. It was a matter of staving off violence -- even, some though -- revolution."

FDR's natural air of confidence and optimism did much to reassure the nation. His inauguration on March 4 occurred literally in the middle of a terrifying bank panic -- hence the backdrop for his famous words: "The only thing we have to fear is fear itself." The very next day, to prevent a run on banks, he declared a "bank holiday," closing all banks indefinitely until bankers and government could regain control of the situation. The term "holiday" was meant to give a festive air to what was actually a desperate situation, but such was FDR's desire to provide hope to the nation.

The Emergency Banking Bill, which strengthened, reorganized and reopened the most solvent banks, was passed overwhelmingly by Congress with little debate. On March 12, Roosevelt announced that the soundest banks would reopen. On March 13, deposits at those banks exceeded withdrawals -- a tremendous relief to a worried nation. "Capitalism was saved in eight days," said Raymond Moley, a member of the President's Brain Trust.

The bank holiday was a vivid example of the effectiveness of government intervention in an economic crisis. Hoover had allowed two previous bank panics to run their course, which contributed to over 10,000 bank failures and $2 billion in lost deposits. The bank holiday secured Roosevelt's political reputation, and convinced both Congress and the public that the New Deal was the right road to follow.

Roosevelt's strategy consisted of two parts: first, provide relief for those who needed it most, which often involved a redistribution of wealth from the rich to the poor. Second, provide long-lasting reform to the nation's economy, through reorganization and the creation of new agencies. Most of Roosevelt's policies can be described as "taking from one pocket to put in the other." Fixated with a balanced budget, and fretful when it was not, Roosevelt made sure that anything given to one sector of the economy was taken from somewhere else. He did not accept Keynes' recommendation to begin heavy deficit spending, and did not do so until the threat of World War II forced him to.

Roosevelt's legendary "First 100 Days" concentrated on the first part of his strategy: immediate relief. From March 9 to June 16, 1933, FDR sent Congress a record number of bills, all of which passed easily. These included the creation of the Federal Emergency Relief Administration, the Civilian Conservation Corps, the Reconstruction Finance Corporation, and the Tennessee Valley Authority. Congress also gave the Federal Trade Commission broad new regulatory powers, and provided mortgage relief to millions of farmers and homeowners.

The success of the First 100 Days was important, because it got the New Deal off to a strong and early start.

If Roosevelt had not passed his agenda early, we would probably be without many New Deal programs we take for granted today. ______________________________

Also, I agree that the New Deal(s) did not pull the United States out of the Great Depression, but was the correct step in the direction of success.


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โˆ™ 2015-07-15 21:44:12
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Q: Do you believe Franklin Delano Roosevelt did the best thing for America by introducing the first and second New Deal?
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Related questions

Did Franklin D Roosevelt believe communism was right?


Who was the first president to fly an airplane in the US?

I believe that was Franklin Roosevelt.

What did Franklin D. Roosevelt believe in?

Franklin D. Roosvelt believed in hemorrhage ability of people when they retired to there natural selves

Do you believe what Franklin D Roosevelt did for the Depression was enough Why or why not?

Nope sure maybe yes

What did President Franklin Roosevelt believe was the root of the Depression?

The imbalance between the have-nots and the haves

Franklin D Roosevelt?

Franklin D Roosevlet was a Presedent of the United States also married to Eleanor Roosevelt. He was president in the time period of the depression. Althought I can not remember weather it was before or after the Great Depression. But I believe it was after.

Franklin D Roosevelt and others who favor federal action believe in?

nationalist position

Who called a banking holiday to stop the bank crisis during the depression?

I believe it was Franklin D. Roosevelt.

What mountain is Franklin d roosevelt on?

I believe the place you are looking for is called: Mount Rushmore.

Franklin d roosevelt and others who favor federal action believe in the?

confiscation of the peoples gold and the packing of the Supreme Court.

Is it grammatically correct Introducing his self?

I believe it should be "Introducing himself".

Did Franklin D. Roosevelt believe in God?

I think so. He went to church with fair regularity. He was not especially religious but was not an atheist. He more of less did what he pleased.

Who was the only president to serv two terms?

I believe that you meant to say 'more than two terms'. That would be Franklin Delano Roosevelt.

What two sets of presidents were distant cousins?

Theodore Roosevelt and Franklin Delano Roosevelt.Herbert Hoover and Richard Nixon (believe it or not, but they were distant cousins)

Who was the US leader and planner of Operation Overlord the taking back of France from the Nazis?

Franklin d. roosevelt was commander and chief if you meant the general it was eisenhour i believe.

Did Franklin D. Roosevelt have polio?

yes Franklin d. roosevelt did have polio ___________________________________ probably not Considering the age of onset of Mr. Roosevelt's paralysis as well as the pattern of its onset, starting at the feet and working its way up the legs, most modern physicians believe it is far more likely that the late President suffered from Guillain-Barré syndrome.

What age did Franklin Roosevelt get polio?

Franklin D. Roosevelt was 39 in August 1921 when he started losing the use of his legs. He was diagnosed with polio, and that diagnosis remained unchanged for the rest of his life. However, modern physicians who study his case believe that it is far more likely that he suffered from Guillain-Barr

Why did mary mcleod bethune believe franklin d roosevelt's black cabinet represented a step forward for african americans?

its members went on to fill out important positions with in government

Why did Mary McLeod Bethune believe Franklin D. Roosevelt's Black Cabinet represented a step forward for African Americans?

its members went on to fill out important positions with in government

Why did Mary McLeod Bethune Believe Franklin D Roosevelt black cabinet represented a step forward for African-American?

its members went on to fill out important positions with in government

Did Franklin D Roosevelt believe in the sunshine law?

The first federal sunshine laws were passed in 1976, some 30 years after Roosevelt died. I doubt that he ever gave them a thought. I suspect he did not fell a need for any more openness in government dealings.

What was Eleanor roosevelt contribution to the united nation and civil war?

Her contribution to the untied states was that she believed and women's right and civil rights and she stood by what she believed even if Franklin did not stand by it and believe in it.

What did Franklin D Roosevelt believe about the role of the Federal Government in the nation's economy?

he believed that the economy was more active because there had never been so many jobs ever since he took role.

How many US presidents where in a wheelchair?

Franklin Roosevelt was the only one who spent much time in a wheel chair. I believe Reagan was in a wheelchair for a little while after he was shot .

Who was Roosevelt Island named for?

Teddy Roosevelt, I believe.