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American Presidents

FDR’s success in leading the country in WWII obscures his record in the 1930s, when he battled the Great Depression at home—and met defeat.

Roosevelt’s response to the Great Depression was a "New Deal" with America, in which he claimed broad executive power and treated the severe economic downturn like a “foreign foe.”

FDR called for government to tightly manage industry, mandating price and wage increases, specifying how much products were produced, and vilifying private businesses.

Roosevelt directed federal resources into a series of economic, welfare and work initiatives that failed to turn around the economy.

Roosevelt managed to maintain public support by directing funds to key voting blocs and broadcasting his frequent Fire Side Chat radio addresses.

Unlike the Great Depression, World War II was a challenge for which Roosevelt had the background and skillset to navigate successfully.

5MV 32 FranklinRoosevelt TheGreatDepression Web

To rescue America from the Great Depression, President Franklin Roosevelt attempted to steer the country on a new economic course. He called his plan the New Deal. Did it succeed, or did it make matters worse? Amity Shlaes, author of The Forgotten Man, explores this critical question.

Franklin Roosevelt: The Great Depression

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