SECTION 4
THE SECOND NEW
DEAL
NEW DEAL CRITICS

AMERICAN LIBERTY LEAGUE



FRANCIS E. TOWNSEND



WAS A GROUP OF BUSINESS LEADERS
OPPOSED THE NEW DEAL BECAUSE THEY
FELT IT DISCOURAGED FREE ENTERPRISE
WANTED TO GIVE CITIZENS OVER 60 YEARS
OLD $200 A MONTH AS A PENSION
HAD TO SPEND THE MONEY THAT MONTH
CHARLES E. COUGHLIN
CATHOLIC PRIEST IN DETROIT
 WANTED EVEN STONGER CONTROL BY THE
GOV’T OVER EVERYTHING
 THOUGHT THE NEW DEAL WAS NOT ENOUGH

NEW DEAL CRITICS

HUEY P. LONG
SUPPORTED FDR AT THE BEGINNING
 FELT THE NEW DEAL WAS ALSO NOT STRONG
ENOUGH


SHARE OUR WEALTH
WAS LONG’S PLAN TO MAKE EVERYONE A
KING
 WANTED TO LIMIT THE AMOUNT OF
PERSONAL FORTUNES
 WANTED TO SPREAD OUT THE WEALTH OF
AMERICA

NEW REFORM EFFORTS

SECOND NEW DEAL
JANUARY OF 1935
 SET OF NEW REFORMS


SOCIAL SECURITY ACT





AUG 1935
WAS A SUPPLEMENTAL PENSION PLAN FOR
RETIRED WORKERS
FUNDED THROUGH A PAYROLL TAX
ALSO CREATED UNEMPLOYMENT INSURANCE
FOR WORKERS WITH BENEFITS TO FAMILY
MEMBERS OF MALE WORKERS WHO DIED
THE MOST IMPORTANT OF ALL PROGRAMS
CREATED BY FDR
NEW REFORM EFFORTS

REVENUE ACT OF 1935
WEALTH TAX ACT
 RAISED THE TAXES ON THE COUNTRY’S
WEALTHIEST PEOPLE
 TAXED CORPORTATIONS AS WELL


RURAL ELECTRIFICATION
ADMINISTRATION
IMPROVEMENT OF UTILITY SERVICES
 EXPANDED ELECTRICITY SERVICE TO
MILLIONS

THE WPA

EMERGENCY RELIEF APPROPRIATION ACT


PROVIDED $4.8 BILLION TO HELP THE
UNEMPLOYED
WORKS PROGRESS ADMINISTRATION
HEADED BY HARRY L. HOPKINS
 EMPLOYED MORE THAN 8.5 MILLION
AMERICANS BETWEEN 1935-1943
 WORK THEY DID



BUILT OR REPAIRED BRIDGES, PARKS, PUBLIC
BUILDINGS, AND ROADS
PROVIDED MONEY FOR ARTISTS AND WRITERS
TO HELP THEM OUT AS WELL
THE ELECTION OF 1936
THE NEW DEAL WAS THE MAIN FOCUS OF
THE ELECTION
 REPUBLICAN CANDIDATE WAS ALFRED
LANDON OF KANSAS

HE HAD THE SUPPORT OF THE WEALTHY,
BUSINESS OWNERS
 CLAIMED THE NEW DEAL WASTED MONEY


HUEY LONG WAS GOING TO RUN BUT HE
WAS ASSASSINATED
THE SUPREME COURT





FDR SAW THE COURT AS HIS ONLY MAJOR
OBSTACLE
THEY HAD ALREADY DECLARED THE NIRA AND
AAA UNCONSTITUTIONAL
FEB OF 1937 HE DECIDED TO INCREASE THE #
OF SUPREME COURT JUSTICES FROM 9 – 15
FDR WOULD APPOINT ALL THE NEW JUSTICES,
SO THEREFORE HE WOULD HAVE A MAJORITY
ON HIS SIDE AT ALL TIMES
THIS WAS CALLED THE COURT PACKING PLAN

HOWEVER, HE DID NOT NEED TO DO THIS BECAUSE
WITHIN THE NEXT 4 YEARS, 7 JUSTICES EITHER
DIED OR RETIRED
THE END OF THE NEW DEAL
DURING 1936 AND INTO 1937, FDR STARTED
TO CUT BACK ON THE AMOUNT OF AID,
STARTED TO CUT GOV’T JOBS FROM ABOUT
3 MILLION TO JUST UNDER 2 MILLION
 THESE PEOPLE COULD NOT GET PRIVATE
SECTOR JOBS, BECAUSE THE ECONOMY
STILL HAD NOT FULLY RECOVERED
 BY 1938, THE UNEMPLOYMENT RATE
INCREASED AGAIN AND THE STOCK
MARKET AGAIN FELL
 RESULTED IN FDR AND CONGRESS
APPROVING MORE THAN $3 BILLION FOR
THE EXPANSION OF THE WPA

THE END OF THE NEW DEAL
AS A RESULT OF THIS SLIP IN THE STOCK
MARKET AND RISE IN UNEMPLOYMENT,
THE DEMOCRATS STARTED TO LOSE SEATS
IN THE HOUSE AND SENATE
 WELFARE STATE



CRITICS SAID THE US WAS HEADING TOWARD
A TYPE OF SOCIALISM
DEFICIT SPENDING

SPENDING MORE MONEY THAN THE GOV’T
TAKES IN WITH TAXES