Premium Essay

The New Deal and Obama

In:

Submitted By peema2
Words 709
Pages 3
new Paige Martin
TIAS 305
SEMINAR IN IAS
Winter 2012

Obama’s Rehashing of FDR’s New Deal

Franklin D. Roosevelt was one of the most memorable presidents in our history. His “New Deal” was a promise to American people - which the depression they were going through would come to an end. Much like Roosevelt, Barack Obama promised a new, new deal to his nation and proclaimed there would be “change.” This was the prescription that was much needed during the apparent economic downturn and it was modeled after the actions taken by Franklin D. Roosevelt during the great depression.
One of the primary problems Franklin Roosevelt had to face was a high unemployment rate. Citizens were loosing their jobs because businesses were losing money. Roosevelt realized that the jobs were key, so he made a plan to try and create jobs for the citizens that needed them. One of the plans being put into action was the Works Progress Administration. This gave people government jobs for rebuilding America. Roosevelt also created the Rural Electrification Administration, which gave power to the majority of American farms that still had no electricity, as well as the Civilian Conservation Corps (CCC) and Soil Conservation Service helped to revive America’s forests and farmland and put more people to work on temporary projects.
The current presidency was focused on repairing jobs as well, among other issues, such as health care and other social issues. There is also the withdrawal of funds from federal banks, a problem faced by both Roosevelt and Obama. A depression doesn’t always mean that there is a lack of money, but rather the money is out of circulation. As people lose jobs and stop spending their money, banks get nervous and stop giving out loans. During the depression people needed to have their faith restored in their banks so in response to this problem, Franklin Roosevelt

Similar Documents

Premium Essay

Obama And Roosevelt: A Comparative Analysis

...This paper will look at the similarities and differences in the Presidencies of Barack Obama and Franklin Roosevelt. Roosevelt became President during a trying time for America. The Great Depression was in full swing caused by the fact that Wall Street and the banks had collapsed causing millions of people or about 25 percent of the population. to be without jobs or financial security (Hiltzik). When Roosevelt came into office he put together an economic package known as the New Deal in order to help alleviate the crisis and get men back to work. Almost seventy years later in 2008 the country was in a recession due to another Wall Street and the banks once again collapsed due in part because of large corporations like GM defaulting on loans....

Words: 1228 - Pages: 5

Premium Essay

The New Deal Book Summary

...From going to the “little black boy with the weird name”, to the very first black president of the United States, Barack Obama is making history. “The New New Deal” which is a book written by Michael Grunwald goes into great detail of Obama before presidency and during presidency. I believe that this book is somewhat uninteresting, but very informative and it would be great for someone interested in Obama’s acts as the president. The book was published in 2012 in New York, NY by Simon & Schuster, Inc. Michael Grunwald, the author, presents many facts throughout the book and he also expresses his opinions on certain things. “The New New Deal” shows how Obama’s acts and plans as president were a success. The author in the beginning of the book...

Words: 1496 - Pages: 6

Premium Essay

Obama Stimulus Plan and the Great Depression

...been so important, it has also never been so expensive. Our nation hasn’t been in this sort of financial affliction since the Great Depression of 1929. In 1933, as an effort to “stop the drop” President Franklin D. Roosevelt offers an American solution to an American problem, the New Deal. Thus, to some extent, laying the foundation for President Barack Obama’s 2009 Economic Stimulus Plan, a plan designed to quickly jumpstart economic growth and save millions of jobs. Barack Obama once said, “I’m pledging to cut the deficit by half by the end of my first term in office.” As of then, 2009, the national debt was at $10 trillion, now in 2012 the outstanding national deficit has reached an outrageous $16 trillion. In 2009 President Obama signed the $789 trillion American Recover and Reinvestment Act that helped push our national debt 23 percent higher, to $13.2 trillion, a new record at that time. Many citizens will argue that Barack Obama’s Stimulus Plan did do better than they had anticipated, however it added an excessive amount to our national debt. Nevertheless, the US shouldn’t attack President Obama before one realizes how much was spent on funding for Franklin D. Roosevelt’s successful New Deals. At the start of FDR’s presidency in 1933 the US National Debt was $22.5 billion and at the end of it, 12 years later, the debt was at $258.5 billion. FDR even caused a so-called Roosevelt Recession after producing an austerity budget which reduced government spending; therefore...

Words: 626 - Pages: 3

Premium Essay

I Am Ready for Change. Are You Ready for Change?

...democrat Barack Obama was recently elected as the new President of the United States, with a fairly convincing victory over the republican John McCain. The American people where obviously ready for change, but would there have been any major difference if the outcome of the election was turned in McCain’s favor? There would naturally have been some differences between an Obama presidency and a McCain presidency, but both naturally want what’s best for their country. So if the differences between an Obama presidency and a McCain presidency would result in an outcome that the U.S. population in general would be better off or benefit from, are not very likely. Obama spoke about change, he got elected, so now it will be interesting to see if he practice what he preach. People have always been promised a lot from politicians, and people often end up being disappointed because a politician doesn’t deliver what is promised. Maybe the most important change Barack Obama can make is changing this impression, and he should do that by making the financial crisis, the increasing unemployment, and the extraction of U.S. soldiers from Iraq, the first three priorities he will deal with as the President of the United States. Barack Obama isn’t going to be a Messiah for the American people, he will hopefully do a decent job, but there are limits for how much that can be done, and the American people are going to become aware of this when the placebo effect of having elected the popular Obama starts to...

Words: 1257 - Pages: 6

Free Essay

Big Momma

...2. Iran Falls for (and Plagiarizes) The Onion Iran’s partially state-run Fars News Agency not only believed an Onion piece claiming that rural Americans preferred President Mahmoud Ahmadinejad over President Barack Obama. Fars actually plagiarized it — putting the story up on its website and claiming it as its own. After many thousands of people pointed and laughed, Fars removed the story and issued an apology— though they did point out they stood by the spirit of the parody: “Although it does not justify our mistake, we do believe that if a free opinion poll is conducted in the US, a majority of Americans would prefer anyone outside the US political system to President Barack Obama and American statesmen,” the agency stated. Including, presumably, Mahmoud Ahmadinejad. The Onion, says CNN, actually played along with the gaffe and proudly claimed that Fars “has been our Middle Eastern bureau since the mid 1980s, when the Onion’s publisher, T. Herman Zweibel, founded Fars with the government approval of the late Supreme Leader Ayatollah Khomeini.” Obama claims tying Iran deal to recognition of Israel would be ‘fundamental misjudgment’ Published April 06, 2015 President Obama on Monday rejected a call by Israeli Prime Minister Benjamin Netanyahu for the pending Iran nuclear deal to recognize his nation’s “right to exist,” with the U.S. president claiming it would be a “fundamental misjudgment” to link the two issues. The president made the comments, likely...

Words: 559 - Pages: 3

Premium Essay

Syria Speech

...Address/Message Evaluation 1a. The purpose of this address is for President Obama to talk about the current issues in Syria and his plans on how to deal with them. Obama is delivering this speech because he wants the people to be on his side. 1b. Obama is asking Congress/the Legislative Branch to support his plan to deal with Syria because if he has their support it is more likely the people will also support him. 1c. Yes, there are Constitutional requirements that the President consult Congress/the Legislative Branch because the President is not allowed to perform acts of war without the approval of Congress. 2a. The President gave his address at the White House in Washington D.C. 2b. Obama addressed the Secretary of State John Kerry because he is sending him to meet with his Russian counterpart. 3. Obama opened his speech by addressing the American people and telling them he would be talking about Syria and why it matters and what we’re going to do about it. 4a. The main points of the address were: Syria did something that goes against the international laws and must be punished for it, and that by doing so we are protecting not only those who are getting gassed but our own people and the neighboring countries. 4b. Obama talked about the thousands of people affected by the gassings. 4c. Obama brought up how the country is sick of war and that we’re not the world’s policeman. 4d. Obama ended the speech by saying that we are not the world’s policeman and that...

Words: 681 - Pages: 3

Free Essay

Obamas Deal

...Obama’s Deal Author: PBS Frontline This video was about Obama’s goal to pass new healthcare legislation and how he succeeded. Obama set out to get this accomplished at the very beginning of his term. This was a task that he and his team realized would make or break his first term. If Obamacare didn’t work out he might not have been voted in for a second term. The biggest impact to his healthcare mission was the team he built up. President Obama had congressional leaders and previous members working closely with his to make his goals a reality. One of the biggest proponents of Obama’s healthcare reform was his Chief of staff Rom Emanuel. Rom Emanuel knew a lot about healthcare from working with President Clinton who also tried to pass a bill on healthcare reform. Unlike Obama’s bill, Clinton’s was destroyed by all the negative ads on TV about the plan saying “If the government will choose, we lose.” Although Obama and his team hit a few bumps in the road the bill was still able to pass through both houses of Congress. President Obama was mainly able to get the bill to pass through Congress because of his deals that he made with Senators. Karen Ignani, the head of the insurance agencies, got into a battle with Obama over the public option. The attack ads began to fly. This caused important leaders in the Senate to side with the insurance companies. It would cost President Obama and his staff a lot of deals to get the votes. Including over one hundred million tax payer dollars...

Words: 454 - Pages: 2

Free Essay

When Will We See Change?

...When will we see Change? A Critical look at Barack Obama and the democratic party. Charles Kerber POLS 202 9AM American Government Livingston This paper will take a critical look at the history of the democratic party, its most recent 2012 election, its current presidential candidate Barack Obama, and the latest platform.  While the paper may read as being highly critical of President Obama, it should be caveated by the fact that this is an extremely trying time in the history of the United States, and the government is under considerable pressures from outside terrorism threats and international relations, to severe recession and domestic economic concerns.  Nevertheless, one must look critically at President Obama, and answer has he really given us “change we can believe in”? Biography & history The Democratic party went through a number of iterations before it became the current democratic party.  The party began as the anti federalists under the leadership of Thomas Jefferson and James Madison.  Thomas Jefferson a former secretary of state under George Washington's administration who had resigned to protest the fiscal policies of Alexander Hamilton.  These two rivals would become the basis of the first two political parties of the United States.  Alexander Hamilton favored the constitution, the creation of a national bank and repayment of the revolutionary war debt with federal funds.  Under this philosophy they would name themselves Federalists, for their leaders support of ratifying the constitution...

Words: 3232 - Pages: 13

Premium Essay

Obamas America

...Obama’s America In the three texts ‘’black is being seen in a whole new light’’, ‘’black history month’’ and ‘’the obsession over race continues’’ we hear from tree different African Americans what they have noticed before, after and under Barack Obama moved into the white house. ‘’Black is being seen in a whole new light´´ Yolanda Young walked down the streets in Washington DC for 20 years anonyms to the white inhabitants, until the day Barak Obama and his wife Michelle Obama moved into the white house. 300 non- black college students were surveyed by some professors. Only 51 % participants showed that they rather wanted white people while the rest showed no preference or preferred blacks. Tyra banks and Naomi Campbell were featured in Italian vogue’s July 2008 inaugural black issue which featured black models and icons such as Michelle Obama. The editor for Babies called the black Babie an icon for whole generation. For Yolanda everything is changed. Now almost daily white people meets Yolanda with a happy smiling face, telling her she is beautiful and she looks a lot like Michelle Obama. She is almost blown away; she can see the light at the end of the tunnel. ‘’ For a woman the color of dark coffee to be noticed, even admired, suggest a cultural paradigm shift’’ (…) ´´As a black woman, I’ve had to be vigilant about maintaining a positive self-image even when beauty icons – even black ones – have not resembled me. Now that a woman who looks like me is living in the white...

Words: 800 - Pages: 4

Premium Essay

Brazil Energy

...Register Sign In Search News & Quotes Home Business Markets World Politics Tech Opinion Breakingviews Money Life Pictures Video ARTICLE Supreme Court to review law on minority voting rights - The Supreme Court agreed on Friday to review a legal challenge to the Voting Rights Act, a landmark law adopted in 1965 to protect African-American voters who had faced decades of discrimination at the polls. CONTINUE READING TOP NEWS TOP VIDEOS MARKETS US Indices Exclusive: Ally near $4 billion unit sale, GM seen in lead NEW YORK - Ally Financial Inc is nearing a deal to sell its auto financing operations in Europe and Latin America for around $4 billion, with General Motors Co emerging as the lead bidder if the company decides to sell those operations as a whole, two sources familiar with the situation said. Incoming Lockheed CEO fired after admitting to affair Citigroup to pay former executives more than $15 million each » More Top News DOW 4.07 12,815.39 +0.03% NASDAQ Wall St. up but Washington wary Apple falls from the tree » More Top Videos 9.29 2,904.87 +0.32% S&P 500 2.34 1,379.85 +0.17% MOST POPULAR Obama insists on tax hike for rich as part of fiscal deal | After Obama win, U.S. backs new U.N. arms treaty talks Iran says repelled unidentified plane from its airspace Boehner: "Obamacare is law of the land" Ancient Thracian gold hoard unearthed in Bulgaria Chavez to Obama: forget global wars, fix domestic...

Words: 1554 - Pages: 7

Premium Essay

Obamas America

...Obama’s America In the three texts ‘’black is being seen in a whole new light’’, ‘’black history month’’ and ‘’the obsession over race continues’’ we hear from tree different African Americans what they have noticed before, after and under Barack Obama moved into the white house. ‘’Black is being seen in a whole new light´´ Yolanda Young walked down the streets in Washington DC for 20 years anonyms to the white inhabitants, until the day Barak Obama and his wife Michelle Obama moved into the white house. 300 non- black college students were surveyed by some professors. Only 51 % participants showed that they rather wanted white people while the rest showed no preference or preferred blacks. Tyra banks and Naomi Campbell were featured in Italian vogue’s July 2008 inaugural black issue which featured black models and icons such as Michelle Obama. The editor for Babies called the black Babie an icon for whole generation. For Yolanda everything is changed. Now almost daily white people meets Yolanda with a happy smiling face, telling her she is beautiful and she looks a lot like Michelle Obama. She is almost blown away; she can see the light at the end of the tunnel. ‘’ For a woman the color of dark coffee to be noticed, even admired, suggest a cultural paradigm shift’’ (…) ´´As a black woman, I’ve had to be vigilant about maintaining a positive self-image even when beauty icons – even black ones – have not resembled me. Now that a woman who looks like me is living in the white...

Words: 800 - Pages: 4

Premium Essay

Rebuttal Article

...of the chemical weapons to Russia and eventually have Russia destroy them so that the war between the US and Syria will not commence. President Obama is still trying to convince Congress to have an airstrike on Syria but more than half of Congress is oppose to this war because we the people of the United States just finished two wars one in Iraq and the other in Afghanistan. CNN has posted, ” A new diplomatic solution in the standoff between the Syria and the United States surfaced unexpectedly Monday as the war-torn country said it supported a proposal to hand over control of its chemical weapons(Shoichet & Crawford, 2013).” “President Obama told ABC News anchor Diane Sawyer that the Syrian reaction was a "modestly positive development" and a military strike would "absolutely" be on pause if Syria's chemical weapons were put in the hands of an international body (Padia, Schifrin, & Hughes, 2013).” For, the most part of this case I think that this case is a good form of argument of authority. Because based on the facts that President Obama is trying to force Syria to do something that he has no proof of or any knowledge of. The article is also part of Argument from Ignorance or Non-Testable Hypothesis based on President Assad probably had no acknowledgment of the Chemical attack. It is also Dogmatism because President Obama is not even giving the President Assad of Syria the chance to speak his views and wants attack without reason. There are so many reasons for us...

Words: 452 - Pages: 2

Premium Essay

Obamas America

...Obama’s America In the three texts ‘’black is being seen in a whole new light’’, ‘’black history month’’ and ‘’the obsession over race continues’’ we hear from tree different African Americans what they have noticed before, after and under Barack Obama moved into the white house. ‘’Black is being seen in a whole new light´´ Yolanda Young walked down the streets in Washington DC for 20 years anonyms to the white inhabitants, until the day Barak Obama and his wife Michelle Obama moved into the white house. 300 non- black college students were surveyed by some professors. Only 51 % participants showed that they rather wanted white people while the rest showed no preference or preferred blacks. Tyra banks and Naomi Campbell were featured in Italian vogue’s July 2008 inaugural black issue which featured black models and icons such as Michelle Obama. The editor for Babies called the black Babie an icon for whole generation. For Yolanda everything is changed. Now almost daily white people meets Yolanda with a happy smiling face, telling her she is beautiful and she looks a lot like Michelle Obama. She is almost blown away; she can see the light at the end of the tunnel. ‘’ For a woman the color of dark coffee to be noticed, even admired, suggest a cultural paradigm shift’’ (…) ´´As a black woman, I’ve had to be vigilant about maintaining a positive self-image even when beauty icons – even black ones – have not resembled me. Now that a woman who looks like me is living in the white...

Words: 800 - Pages: 4

Premium Essay

President Obama's Affordable Care Act

...This was an important achievement for Obama because before he was elected, the country was suffering from an economic decline because of the Bush administration. Obama effectively “saved” the United States by lowering the rate by a tremendous 5.3%. By cutting this rate in half meant that more Americans were earning money, which leads to a better economy and less homeless people on the street. Another good act that Obama did during his presidency...

Words: 696 - Pages: 3

Premium Essay

Biorgaphy

...The New York Times March 1, 2013 Deep Philosophical Divide Underlies the Impasse By JOHN HARWOOD WASHINGTON — Let’s play truth or consequences with the budget sequestration that took effect on Friday. That can be difficult through the fog of political war that has hung over this town. But a step back illuminates roots deeper than the prevailing notion that Washington politicians are simply fools acting for electoral advantage or partisan spite. Republicans don’t seek to grind government to a halt. But they do aim to shrink its size by an amount currently beyond their institutional power in Washington, or popular support in the country, to achieve. Democrats don’t seek to cripple the nation with debt. But they do aim to preserve existing government programs without the ability, so far, to set levels of taxation commensurate with their cost. At bottom, it is the oldest philosophic battle of the American party system — pitting Democrats’ desire to use government to cushion market outcomes and equalize opportunity against Republicans’ desire to limit government and maximize individual liberty. And they are fighting it within a 21st-century political infrastructure that impedes compromise. Those government initiatives include Social Security from F.D.R.’s New Deal, Medicare and Medicaid from L.B.J.’s Great Society, and the 2010 national health care law. President Obama wants to keep them in roughly their current forms — even as the wave of baby boom retirements makes...

Words: 1288 - Pages: 6