Text • Record chronologically what you consider to be the most important points Unit 5: Chapter 10 pg. 255-258 The Second New Deal, 1935 1) New laws protected labor’s rights to organize & bargain collectively a, Wagner National Labor Relations Act, dubbed “labor’s Magna Carta” b. NLRB: est. to enforce provisions of the Act 2) Social Security Act: provided unemployment compensation, oldage pensions, and aid for dependent mothers , children, and the blind a. Financed through a regressive payroll tax on employers & employees Responses Personal reactions, which occur at the moment you are reading the text: ask questions, make comments, or record ideas Roosevelt’s goal was to “weed out” The over privileged & lift up the underprivileged What is Magna Carta? Plan didn’t include a fourth of all workers – farm laborers and domestic servants What is a regressive tax? 3) Banking Act of 1935: increased authority of the federal Reserve Board over the nation’s currency a. provided a graduated income tax and increased estate and corporate taxes 4) “Dust Bowl” 1932 dust storms blew away top soil destroying agriculture in the mid west a. Resettlement Administration established for land reform and to help poor farmers 5) Emergency Relief Appropriation Act, 1935: 5$ billion spent to create jobs a. WPA: created 9 million jobs Set precedent for progressive taxes Grapes of Wrath Problem exceeded its resources Most jobs involved construction Also developed jobs for artist NYA: part time jobs for students 6) Election of 1936 a. Roosevelt’s coalition: Southern Conservative critics made up a Democrats, Middle-Class minority of the voter workers, Urban Ethnic Groups Roosevelt won by the largest margin in history: 523 to 8 electoral votes