"Franklin D. Roosevelt." American History. ABC-CLIO, 2010. Web. 1 Feb. 2010.
Monday, February 1, 2010
Franklin D. Roosevelt
Out of all of the presidents that the U.S. has had, Franklin D. Roosevelt may be the most important in regard to labor. FDR's term took place during the worst economic situation of our country's history. Nobody had money to spend, so companies were not profiting as much. Because of this, companies needed to cut costs by firing employees. This led the employees to not have a source of income, so they started spending less and companies suffered even more. Our country was in the middle of a vicious circle where almost every American did not have a steady source of income. FDR was able to get our country out of this with his "New Deal" plan. This plan set of jobs for almost everyone in American who needed one. The jobs were easy to get, and provided enough pay to get citizens to start spending again. This plan put our country in massive debt, but it was worth it because it saved the lives of many individuals. FDR saved America with his New Deal, and he did this by saving labor in America.
"Franklin D. Roosevelt." American History. ABC-CLIO, 2010. Web. 1 Feb. 2010..
"Franklin D. Roosevelt." American History. ABC-CLIO, 2010. Web. 1 Feb. 2010.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment