What should be the U.S.policy toward the effects of the great Depression in 1929-1940?
101234
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36720
Here's a statistic to blow your mind. The Great Depression caused 1 out of every 3 Americans to be unemployed. Only with Roosevelt's plan of giving them government project work did America rise back up as a renewed superpower.
470412
You should research how American society was et up during the 1920's and compare to the storyline, which states Gatsby's desire for the Green light and the carelessness perhaps of certain people's action such as the Car crash, leading to the main chracters' demise, which later refers to the Great Depression of the 1930's.
351065
The 1950s in the United States of America were marked with a sharp rise in the economy for the first time in almost 30 years and return to the 1920s-type consumer society built on credit and boom-times, as well as the baby boom from returning GIs who went to college under the G.I. Bill and settled in suburban America. Most of the internal conflicts that had developed in earlier decades like women's rights, civil rights, imperialism, and war were relatively suppressed or neglected during this time as a world returning from the brink hoped to see a more consistent way of life as opposed to liberalism and radicalism of the 1930s and 1940s. The effect of suppressing social problems in the 50s would have a significant impact on the rest of the twentieth century.\n\nThe 1950s were also marked with a rapid rise in conflict with the United States and the Soviet Union that would heighten the Cold War to an unprecedented level which would include the Arms Race, Space Race, McCarthyism, and Korean War. Stalin's death in 1953 left an enormous impact in Eastern Europe that forced the Soviet Union to create more liberal policies internally and externally. The rise of Suburbia as well as the growing conflict with the East are the two generally accepted reasons for the conservative domination of this decade.
560157
The large problems are:\n\n- open-ended costs of wars of unknown duration in Iraq and Afghanistan\n\n- essentially uncontrolled costs of entitlement programs\n\n- effect on Social Security, Medicare, etc. of population age shift toward more retired and fewer working.\n\n- off-budget obligations of Fannie Mae and Freddie Mac.\n\n- Congressional pork spending\n\n- the possibility that oil price inflation will weaken the economy\n\n   Essentially what we do is tax and borrow to fund our federal obligations. As long as we can produce enough revenue and credit by those means, the budget can go to the moon and nothing will happen. If the economy is cooking along, tax revenue goes way up and a big part of the problem is taken care of. If the economy is strong, other countries will gladly invest in our treasury bonds and another big chunk is taken care of. But if our economy recesses, which it can be expected to do periodically, especially after a boom that encourages larger and larger deficits, watch out. Then tax revenues go down, maybe suddenly, and other countries may begin to retrench on their buying of our debt. No one knows what the Federal debt should be to avoid problems but a key thing to watch is how countries like China, Japan and Germany are buying our treasury bonds and notes. If the buying begins to slow, we need to cut back until it picks up again. To look for fiscal restraint from Congress is not an option to plan on. The best solution is a strong economy.
136111
< The Great Depression was a massive global economic recession (or "depression") that ran from 1929 to 1941. It led to massive bank failures, high unemployment, as well as dramatic drops in GDP, industrial production, stock market share prices and virtually every other measure of economic growth. It bottomed out in 1933, but it would be well after World War II before such indicators as industrial production, share prices and global GDP could surpass their 1929 levels.
278861
laissez-faire...from the French term meaning "Hands off".\n\nAnd, it would have been a good policy for us seeing the dire straights our Treasury is in due to almost 80 years of abuse.  Heck, we need to keep fighting expensive wars just to keep the dollar propped up.
383951
This passage was copied from the following site below:\n\nhttp://www.whitehouse.gov/history/presidents/fr32.html\n\nHe was elected President in November 1932, to the first of four terms. By March there were 13,000,000 unemployed, and almost every bank was closed. In his first "hundred days," he proposed, and Congress enacted, a sweeping program to bring recovery to business and agriculture, relief to the unemployed and to those in danger of losing farms and homes, and reform, especially through the establishment of the Tennessee Valley Authority. \n\nMy point is this: This was a very bad time for the American people. The major issue during this period was trying to survive!\nHave you guessed who the president was?
866681
Well-- no we shouldn't.   A depression/recession is predicated on the fact that GDP falls for a given amount of time.  GDP is still growing.\n\nGold going up was mainly on speculation and the fact that for a while there all commoditees were going up (due to demand and speculation).\n\nInterest rates are controlled by the fed via setting key rates and contorlling the money supply.\n\nWhat IS going to hurt us bad is the ever growing national debt.  Not the same as the deficit-- but that continues a well.
262116
I would have to say FDR & Winston Churchill with World War II. Harry Truman finished up with his policies towards the end of the War. Truman said America wouldn't make any profits off of War and suffering of oppressed nations from the results of World War II. FDR helped America pull it's self out of the depression with his politics, and administration of laws. Churchill followed suit in the U.K..
1059450
Truman was in power to begin with and almost let the poor people starve to death during the depression.\nI am 63 and my Mother told me that during the depression the poor people almost starved to death. She and her family were poor and so were her friends and extended family , so she knows.\nAfter being elected Franklin D Roosevelt, whose family was extremely wealthy, but still had the soul to recognize that the working poor was treated very very bad and the wealty were treated extremely well.\nHe then created social security, and created the CCC's that gave jobs to those who could not find one. He was probably the first president that cared about the working poor and other less fortunates in this country. \nToo bad George Bush is attempting to undo all the good Roosevelt accomplished. George Bush is ONLY concerned about power and money and the people that have it.
389897
Talk about the general feeling of Americans. In the 1920s, Americans wanted to do what was best for them so America was slightly isolationist. By the 1940s and FDR, America felt that it needed to be involved in foreign affaris because of WWII. The 1930s were a time in which Americans did not want to be involved in forgein affairs because of the great depression, but through some of his acts (i.e. selling weapons to Europe) FDR subtly involved America in world affairs. Between WWI and the late 1930s, America was concerned mostly with itself, whereas WWII marked a final end to American isolationism.
1119440
The Great Depression was a worldwide economic downturn, starting in 1929 and lasting through most of the 1930s. It centered in the United States and Europe, but had damaging effects around the world. The most industrialized countries were the nations that were affected the worst, including the United States, Germany, Britain, France, Canada, Australia, and Japan. Cities around the world were hit hard, especially those based on heavy industry. Construction virtually halted in many countries. Farmers and rural areas suffered as prices for crops fell by 40-60% [1] Mining and lumbering areas were perhaps the hardest hit because demand fell sharply and there was little alternative economic activity. It ended at different times in different countries; for subsequent history see Home front during World War II.\n\nhttp://en.wikipedia.org/wiki/Great_Depression
155721
In Europe and around the world, there has always been a strong element of people feeling that it is the government's job to take care of people, but this has not historically been the case in America because people have come to America *fleeing* government in order to make a new life for themselves.\n\nI think the problem really started with Keynes and the idea that men in government could manipulate the economy for the better of everyone.  Unfortunately, leading to and during the first part of the Great Depression, our government misguidedly inflated the money supply to a very large extent, distorting prices and capital investment.  Like a rubber band being pulled back, it had to snap.\n\nHoover tried many big-government solutions to the depression which only made things worse.  FDR campaigned that Hoover was doing the wrong then, then got elected and did the same thing, only more so.  All the big-government "solutions" only further distorted the economy (preventing the rubber band from snapping back correctly.)\n\nIn FDR's mad dash to spend as much government money as possible in order to stimulate the economy, he started Social Security, unemployment, welfare, and a host of other programs.  I think a combination of the dispair at the economy and the ease to sit back and let government handle things was the beginning of dependence.\n\nAs generation after generation grows up with the huge safety net paid for by those who don't need it (from each according to ability, to each according to need) then people know that they don't have to be successful and take care of themselves, because the goverment will have to be there for them.\n\nBy all means, help a deserving person out who can use help, but the automatic help for anyone, regardless of whether they deserve it or not is the real poison.
1015453
I'm sure you could probably find it on wikipedia.com or something.\n\nBut to 4A:\n\nThe Great Depression resulted in a more secure way to organize the U.;S. economy in the furture.  Like they have to check to make sure stocks are worth what they are selling for or something like that.  People would get all of their money back if there was another depression instead of totally losing it all.
1074302
There are cyclical theorists that have charted American history in 80-year cycles (I recommend the book "The Fourth Turning" by William Strauss and Neil Howe).  If their 80-year cycles hold true, then the U.S. will face another Great Depression/World War II-level crisis within the next 5-15 years.  Every time the U.S. faces a crisis like this, it runs the risk of bringing about the end of our nation (or at least as we know it.)  How long will Pax Americana last?  No idea, but we'll have our next challenge soon.
572126
The New Deal, drawing heavily on the experiences of its leaders, reflected the ideas, and was influenced by the programs, that FDR and most of his original associates had absorbed in their political youths early in the progressive era; had absorbed while serving in the Woodrow Wilson administration; and had absorbed holding other offices in the 1920s.\n\nIn the United States of America, the Progressive Era was a period of reform which lasted from the 1890s through the 1920s, although some experts use the narrower time frame of 1900 to 1917. The reformers advocated the Efficiency Movement. Progressives assumed that anything old was encrusted with inefficient and useless practices. A scientific study of the problem would enable experts to discover the "one best solution." Progressives strongly opposed waste and corruption, and tended to assume that opponents were motivated by ignorance or corruption.