Today we went over the powerpoint again..
How Roosevelt saved capitalism and democracy by allowing some socialism into our country?
If Roosevelt didn't win the election and Hoover did, we might have become communists.
Caughlin didn't think Roosevelt was doing enough.
Townshend didn't think Roosevelt was doing enough either.
Huey Long was the "share the wealth" guy. And was assasinated.
The first new deal was aimed at the banks and economy.
The second new deal was more for the common people and factory workers.
Social Security:
1. Old age insurance for retirees 65 and above.
2. Unemployment payments.
3. Aid to families with dependent children and disabled.
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