How successful was Roosevelts New Deal?
… too little too late and this was just not good enough. During Roosevelt’s first hundred days as president the American public saw more action being taken to end the depression that they had seen during the whole of Herbert Hoover’s presidency. The first step, which he took on the road to recovery, was the Emergency Banking Act, which was immediately put into action, as congress voted unanimously for it. It consisted of, closing all the banks down until their finances had been put into order and only those with sufficient money and well-managed accounts were allowed to reopen. His second step was the economy act which, cut government and armed forces pay by 15% and also the budgets of government departments by 25%, saving nearly a billion dollars, this was also put into to place straight away as congress voted in favour yet again. During his first hundred days as president Roosevelt …
