Changes

Franklin D. Roosevelt

4 bytes added, 18:20, September 4, 2010
/* Double dip recession */ wiki
The country now reached a greater crisis than in 1933. The [[National debt]], which was $22 billion when Roosevelt took office and largely a heritage of [[World War I]], now was $37 billion. Taxes had been more than doubled by Roosevelt.
By April 1938 [[unemployment ]] reached several thousand more than when Roosevelt was elected in 1932. This was now Roosevelt’s Double Dip Depression. Voices began to speak up suggesting after all Hoover may have known what he was doing, but here, nine years after the Depression began the fundamental condition of the country was no further advanced than it was at the end of Hoover's three year struggle with it.
The Second Term was a failure, for FDR had overreached and his efforts to fight the conservatives in the business community, the GOP and his own party (in the South) produced a backlash against excessive presidential control. With war braking out in Europe in 1939, it was time to turn to foreign affairs.
Block, Siteadmin, SkipCaptcha, Upload, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrator, template
227,311
edits