| | :I think the government should not have been as involved and should have just let the depression just run it's course, instead of trying to manage the economy. (Michelle F.) | | :I think the government should not have been as involved and should have just let the depression just run it's course, instead of trying to manage the economy. (Michelle F.) |
| − | :The New Deal was one of the worst ideas the Executive Branch has ever had. It tried to make a quick fix, when America really needed a long-term plan. It created useless jobs as an excuse to give away government money (Civilian Conservation Corps and Federal Emergency Relief Act), it put government regulations in place of free enterprise (Agricultural Adjustment Act (this act was so bad that it was declared unconstitutional), Tennessee Valley Authority, Glass-Steagall Banking Act, and National Industrial Recovery Act (also declared unconstitutional), and granted money to failing businesses (Emergency Banking Act and Farm-Credit Act). While these ideas may seem like would help the economy, they really don’t because giving people government money only helps them for a short amount of time. Once the money runs out, they are back where they started. Besides, all “government money” is, is taxes. And the more government money given away through programs, the higher the taxes have to be to pay for them. Also, using government regulations only work at first, but history has shown that free enterprise always leads to a better economy. | + | :The New Deal was one of the worst ideas the Executive Branch has ever had. It tried to make a quick fix, when America really needed a long-term plan. It created useless jobs as an excuse to give away government money (Civilian Conservation Corps and Federal Emergency Relief Act), it put government regulations in place of free enterprise (Agricultural Adjustment Act (this act was so bad that it was declared unconstitutional), Tennessee Valley Authority, Glass-Steagall Banking Act, and National Industrial Recovery Act (also declared unconstitutional), and granted money to failing businesses (Emergency Banking Act and Farm-Credit Act). While these ideas may seem like would help the economy, they really don’t because giving people government money only helps them for a short amount of time. Once the money runs out, they are back where they started. Besides, all “government money” is, is taxes. And the more government money given away through programs, the higher the taxes have to be to pay for them. Also, using government regulations only work at first, but history has shown that free enterprise always leads to a better economy. What would have been better to do would have been to make less government programs, lay off unnecessary government workers, and overall downsize the government. ... (Ruth L.) |