were entering the workforce.
The Second New Deal
The First New Deal focused more on the basics, such as the establishment of the Securities and Exchange Commission (SEC), which is still in existence and proved essential for regulating the banking industry and the stock market. However, the First New Deal did not address unemployment. The Second New Deal did, and led to the WPA and the Social Security Act, which provided not just jobs but also long-term financial security for Americans.
New Deal vs. Progressive Legislation
The New Deal echoed some of the Progressive sentiments,… Continue Reading...
C. President T. Roosevelt was among the pioneers in making the health insurance issue a campaign matter. The Second New Deal crafted by President Roosevelt involved including the Social Security program in the laws (Piatak, 2015). The act tried to reduce the extent to which such factors as poverty, old age, widowhood and children without known fathers were seen as dangers. The New Deal had a chunk of its content expunged by the Supreme Court because they were either seen as unconstitutional or simply not within the jurisdiction of the federal government. Some of the acts such as the National Industrial Recovery Act and the Agricultural Adjustment Act were… Continue Reading...
