New Deal Cure to Great Depression

“The success of our nation depends wholely on the cooperation of the public” This is an excerpt of the Fireside Chats produced by FDR to communicate to the economy. Franklin D. Roosevelt   was the thirty second president of United States. He is mainly known   for his “New Deal”, which was a three step process of relief, recovery, and reform to lead the United States out of the Great Depression. The thesis of this essay to procure the strength and weakness’ of this New Deal. Even though many historians believe that their was a first and second new deal, this essay will emphasize on the “New Deal” as a whole.
As Roosevelt came into office he was mostly known for his “first hundred days”, in which he met with congress everyday for a hundred days. During this days congress passed every bill the Roosevelt had proposed, and this was incorporated within the advisement of the New Deal. Franklin wasted no time in beginning his New Deal, his first plan of action consisted of the Emergency Banking Act, an act that closed all banks until they could be supervised by the treasury to ensure a regulated and straightforward banking system. This gave the opportunity for the average American to give trust into the banking system and overall eventually boosted the economy. This plan by Roosevelt was a pro to the New Deal with almost no cons to it. Then shortly after Roosevelt passed the Economy Act that saved over five hundred million dollars but cut veterans benefits by fifteen percent. I believe this helped the economy, but it was a total weakness in the New Deal because it hurt the veterans terribly. Then later the congress overrides FDR’s veto, and passes the Bonus Bill which gave the veteran’s a cash. Another huge benefit that was meant to cure the Depression was the Works Project Administration or the “WPA”. This portion was a huge strength because it only hired single women, or women with disabled women, thus giving women the opportunity for employment to help the U.S. get...