• Uncategorized

Rejection to Roosevelt`s New Deal Policies

Rejectionto Roosevelt`s New Deal Policies

Rejectionto Roosevelt`s New Deal Policies

PresidentFranklin D. Roosevelt believes that extreme competition is the causeof the Depression that has resulted in the rise in employment andreduction in demand for goods and services. He has come up with apackage for recovery that he hopes would allow industries to gettogether and employees to demand a pay rise (Roosevelt, 1933).Instead of poising the economy, I believe that Roosevelt`s New Dealpolicies will stall it in a way that the Great Depression will lasteven longer.

Inmy view, I see the role of American administration fundamentallychanging as a result of the misguided policies contained in the NewDeal. In a particular sense, the New Deal is merely introducing theforms of economic and social reforms that many Americans had alreadywitnessed their failures, “You and I know of the banking crisis andof the great danger to the savings of our people” (Roosevelt,1933). It constitutes a system that, for several years, has made thenation slag instead of moving with the speed of its competitors.

Furthermore,the New Deal will soon cause and end to the laissez-faire capitalismthat saved the country from the 1880s when railroads were regulatedto stop free trade (Roosevelt, 1933). It will even interfere withnational and state reforms that were earlier introduced during thereformist eras of Woodrow Wilson. As a result, in the course of theNew Deal period, there will be probably no end to publiccondemnation. Besides, it may even make individual citizens to havemuch suspicion regarding the corrupt activities of the government.

Inconclusion, the only new aspect about Roosevelt`s policies is thepace at which it is being implemented. Conventionally, policies likethese have always taken decades before being completely accomplished.However, the new reforms have been hastily designed and ineffectivelyinstituted with some components conflicting with others.

Reference

Roosevelt,F., (1933).&quotFiresideChat on the Recovery Program&quotThe American Presidency Project