Automoderated users, edit
3,552
edits
Changes
Jump to navigation
Jump to search
Line 138:
Line 138: − +
→Fifth Party System: The New Deal
== Fifth Party System: The New Deal ==
== Fifth Party System: The New Deal ==
[[Image:FDR_in_1933.jpg|thumb|left|180px|President [[Franklin Delano Roosevelt]] (1933-1945)]]
[[Image:509px-FDR in 1933.jpg|thumb|left|180px|President [[Franklin Delano Roosevelt]] (1933-1945)]]
The [[Wall Street Crash 1929|stock market crash of 1929]] and the ensuing [[Great Depression]] set the stage for a more progressive government and [[Franklin D. Roosevelt]] won a [[landslide victory]] in the [[U.S. presidential election, 1932|election of 1932]], campaigning on a platform of "Relief, Recovery, and Reform." This came to be termed "[[New Deal|The New Deal]]" after a phrase in his acceptance speech. The Democrats also swept to large majorities in both houses of Congress, and among state Governors. Roosevelt altered the nature of the Party, away from laissez-faire capitalism, and towards an ideology of economic regulation and insurance against hardship. Conservative Democrats were outraged; led by [[Al Smith]] they formed the [[American Liberty League]] in 1934 and counterattacked. They failed and either retired from politics or joined the GOP. A few of them, such as [[Dean Acheson]] found their way back to the Democratic Party.
The [[Wall Street Crash 1929|stock market crash of 1929]] and the ensuing [[Great Depression]] set the stage for a more progressive government and [[Franklin D. Roosevelt]] won a [[landslide victory]] in the [[U.S. presidential election, 1932|election of 1932]], campaigning on a platform of "Relief, Recovery, and Reform." This came to be termed "[[New Deal|The New Deal]]" after a phrase in his acceptance speech. The Democrats also swept to large majorities in both houses of Congress, and among state Governors. Roosevelt altered the nature of the Party, away from laissez-faire capitalism, and towards an ideology of economic regulation and insurance against hardship. Conservative Democrats were outraged; led by [[Al Smith]] they formed the [[American Liberty League]] in 1934 and counterattacked. They failed and either retired from politics or joined the GOP. A few of them, such as [[Dean Acheson]] found their way back to the Democratic Party.