The New Deal Summary

The Great Depression and The New Deal: A Very Short Introduction

Summary: As we have learned through our years of school, The New Deal, described as “A series of domestic programs enacted in the United States between 1933-1938,” has always been brought to light as if the politics of America has been formed by the creation of it. From start to finish the author, Eric Rauchway gives nothing less than an educational view at the Great Depression and The New Deal highlighting both the successful aspects and the failed parts of it. To start of the book, the author describes where The Great Depression fits in with America’s policies after the first world war(1914-1918), most commonly known as laissez-faire coming back for revenge. He explains further

In his short novel he has been able to simplify and explain a very complicated and constantly debated time in America’s history. This author seems to have a great understanding of the New Deal and the Great Depression giving the audience an introduction of a huge economic travesty and how the government and our society responded to it. The decade that is being written about has always been a topic that catches a lot of attention because of the fear it brings to Americans all over our nation. Because of our constant need to understand and be aware of what is going on with our current economic status this book would be a great addition to add to your knowledge. I would recommend this perspective and analytical book to anyone with a thirst to compare the times of the Depression and our current economic standings. Eric Rauchway starts the novel of strong by diving into the causes of the beginning of the depression starting in 1929. Covering all sides of the spectrum, he emphasises the importance of international and domestic affairs of the 1920’s but never down plays the huge part that our foreign trade and money lending had to do with the aspects of the international economy. Rauchway, however has a lot to say about the management of the economics of America under Herbert Hoover although he seems to give him credit for his work in the Federal Reserve interventions. Despite what Rauchway says, In my personal opinion, I believe Eric Rauchway was way too critical of Herbert Hoover for he had to deal with a seemingly powerful economy completely falling apart. He was a smart, hard working, and had one of the best mental understandings of economist, greater than any other president in the the twentieth century. However Herbert Hoover couldn’t maintain his political party because he did not have enough political warmth. As