An Evaluation of the New Deal At the time of its construction during the Great Depression, the Hoover Dam was the largest in the world. To this day, it uses the power of the Colorado River to electrify the region. How effective was the New Deal at addressing the problems of the Great Depression? No evaluation of the New Deal is complete without an analysis of Roosevelt himself. Observers noted that his plan went far enough to silence the "lunatic fringe," but not far enough to jeopardize capitalism or democracy. This Franklin D. The New Deal itself created millions of jobs and sponsored public works projects that reached most every county in the nation. Laborers benefited from protections as witnessed by the emergence of a new powerful union, the Congress of Industrial Organizations. However comprehensive the New Deal seemed, it failed to achieve its main goal: ending the Depression. Conservatives bemoaned a bloated bureaucracy that was nearly a million workers strong, up from just over 600,000 in 1932.
Online Research Tools - GRACE Christian School Stop by either library location to get a password for these online databases. TK-6 (Raleigh Campus) Online Resources: 7-12 (Crossroads Campus) Online Resources: Mrs. Gehringer and Mr. O’Brien also encourage all students to use the Wake County Public Library databases and Johnston County databases. Print Resoures: The Raleigh Campus Library and the Crossroads Campus Library have a variety of print resources. Curriculum Resources: Links to Online Textbooks
Key Dates in the History of Social Security | National Academy of Social Insurance President Franklin D. Roosevelt signed the Social Security Act on August 14, 1935. Social Security taxes were first collected in January 1937, with workers and employers each paying one percent of the first $3,000 in wages and salary. In 1939 President Roosevelt signed legislation establishing benefits for survivors and dependents. Early retirement benefits, allowing people to draw checks at age 62, were enacted in 1956 for women and in 1961 for men. Disability payments were enacted in 1956 and initially were payable only to workers aged 50-64. Payments to divorced wives began in 1965, and to divorced husbands in 1977. President Nixon signed legislation in 1972 authorizing a 20 percent cost-of-living adjustment (COLA) and making the COLA automatic each year. President Reagan signed legislation in 1983 providing for taxation of benefits, and for a gradual increase in the age of full retirement benefits to 67. For more information on the history of Social Security, see:
Securities and Exchange Commission - Facts & Summary To bring order out of chaos, Congress passed three major acts creating the Securities and Exchange Commission,SEC,and defining its responsibilities. The Securities Act of 1933 required public corporations to register their stock sales and distribution and make regular financial disclosures. The Securities Exchange Act of 1934 created theSEC to regulate exchanges, brokers, and over-the-counter markets, as well as to monitor the required financial disclosures. The business community, wary of New Deal reforms, was mollified by the efficient chairmanships of Joseph P. The Reader’s Companion to American History.