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→The legacies of the New Deal
==The legacies of the New Deal==
==The legacies of the New Deal==
[[File:FDR-LBJ.png|thumb|left|220px|The New Deal was the inspiration for [[Lyndon B. Johnson]]'s [[Great Society]] in 1960s. Johnson (on right) headed the Texas NYA and was elected to Congress in 1938.]]
[[File:FDR-LBJ.png|thumb|right|220px|The New Deal was the inspiration for [[Lyndon B. Johnson]]'s [[Great Society]] in 1960s. Johnson (on right) headed the Texas NYA and was elected to Congress in 1938.]]
Some economists argue that although the New Deal did not end the depression, all in all it helped to prevent the economy from decaying further by increasing the regulatory functions of the federal government in ways that helped stabilize previous trouble areas of the economy: the stock market, the banking system, and others. Others argue that it worsened the depression. All analysts agree the New Deal produced a new political coalition that sustained the Democrat Party as the majority party in national politics for more than a generation after its own end.
Some economists argue that although the New Deal did not end the depression, all in all it helped to prevent the economy from decaying further by increasing the regulatory functions of the federal government in ways that helped stabilize previous trouble areas of the economy: the stock market, the banking system, and others. Others argue that it worsened the depression. All analysts agree the New Deal produced a new political coalition that sustained the Democrat Party as the majority party in national politics for more than a generation after its own end.