The New Deal’s Legacy
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Transcript of The New Deal’s Legacy
The New Deal’s Legacy
Ch 10.3
Thursday, April 5, 2012
• Understand the court packing plan, Keynesian Economics, Roosevelt Recession and Social Safety Net.
Discussion Questions
• How powerful is the Supreme Court?• What is the source of their power?• How long is a Supreme Court justice in power?• How are they replaced?
Background info: Don’t write this down!
• FDR goes too far…• Angry that the Supreme Court ruled the AAA
and NRA unconstitutional, FDR tried to overpower the court.
• He asked the Congress to expand the court from 9 to 15 justices so he could appoint 6 more!
Court-Packing Plan
• FDR wanted to expand the Supreme Court so he could appoint 6 more justices that would be in favor of the New Deal, but it was a huge political mistake.
Discussion Questions…
• What would happen to the economy if the government cut spending?
• Gov’t jobs would have to be cut: Teachers, Firefighters, Police, etc.
• What affect would this have on the economy?
The Roosevelt Recession
• FDR cut spending on the WPA and PWA believing the economy was back, but the economy plummeted and unemployment increased.
Keynesian Economics
• The New Deal was based on Keynesian Economics which argued gov’t has to spend heavily during a recession, even if it uses deficit spending, to jump start the economy.
The Safety Net
• The New Deal created safeguards to protect the average American from economic disaster and changed American’s attitude on the role of gov’t.