The New Deal was a group of legislation created by Franklin D. Roosevelt during the Great Depression. The Great Depression was an era of great financial panic in the 1930s due to the great stock market crash. The United States had just come off of the high and joy of the Roaring 20s and was greatly affected by this depression. People lost their money and their livelihood and were left with nothing. The people of the United States needed assistance to survive in the terrible financial situation they were in; Roosevelt knew what needed to be done and drafted new legislation called the New Deal. The New Deal focused on improving different parts of the economy and was all about the Government stepping in and taking more control. The historian, …show more content…
Roosevelt. Shlaes successfully argues that Roosevelt's New Deal did not have as much of a positive effect on the economy as perceived, and FDR used the New Deal to gain positive public opinion from minority and forgotten groups with the hopes of getting reelected. The New Deal legislation did not provide the country with the positivity it is perceived to have. The New Deal focussed on the people in need, even at the expense of others. The rich were taxed very highly with the implementation of new tax laws. The wealthy were taxed high amounts of their income to provide the government and its programs with more funding. This caused the rich to become very upset and try to hide how much money they made and had so they did not have to pay the tax. The law had more of a negative effect on the economy than a positive one. This piece of legislation was one of the hardest for American citizens to follow. Because many wealthy people did not want to abide by this rule, the economy was severely damaged. The New Deal was not helping the economy like it promised, it was seeing the economy fall and suffer