Not everyone supported the New Deal. As a formula for economic recovery, the New Deal failed. Many businessmen and financiers did not support the economic measures of the New Deal. With the recession of 1937, many business leaders and politicians claimed that FDR’s policies were a failure and the attempt to maintain prosperity during peacetime was not successful at all. Many felt that the Depression was just part of the free enterprise (capitalistic) system correcting itself and the laws, such as supply and demand, of the free enterprise system would eventually heal the economy. There were some radical proposals. Huey Long (The Kingfish) from Louisiana gained some support for his "Share the Wealth" program. This would place taxes on the very wealthy and no personal incomes on more than one million dollars a year. This appealed to the poor and middle class. Dr. Townsend proposed a monthly pension plan in which the federal government would pay a pension to all people over 60 years of age. The pensioners would have to spend all the monthly pension before getting the next months check, and they could not work. Father Coughlin was a Roman Catholic priest who had a radio program. He proposed a complete overhaul of the monetary system, including abolition of the Federal Reserve System. While FDR had his critics, none of their programs were ever adopted and FDR's popularity remained high and eventually the critics and their supporters gave up.
roosevelts approach to the great depression was that he was ready to experiment with governments actions to deal with the nations crisis
The SEC regulated the stock marketduring the Great Depression.
He created the New Deal.
FDR's response to the Great Depression, was to restore America's economy and put faith back into the people on their country.
Well we are not in a depression with Obama the only reason the economy is like this is because of our 43 president Bush So Roosevelts depression ended up worse because they were actually in a depression. You can thank Bush for the economic troubles
roosevelts approach to the great depression was that he was ready to experiment with governments actions to deal with the nations crisis
The SEC regulated the stock marketduring the Great Depression.
He created the New Deal.
FDR's response to the Great Depression, was to restore America's economy and put faith back into the people on their country.
Well we are not in a depression with Obama the only reason the economy is like this is because of our 43 president Bush So Roosevelts depression ended up worse because they were actually in a depression. You can thank Bush for the economic troubles
Yes, there were bicycles during the great depression.
Migration rose during the Great Depression.
There was a Msrjet Crash during the great depression.
it was not clean during the great depression
It happenes during the Great Depression.
What did some americans question during the great depression?
what did so many banks close during the great depression