Why is 2008 the year selected to commemorate the New Deal?

The New Deal: The Legacy of FDR

The New Deal began after the inauguration of President Franklin D. Roosevelt on March 4, 1933, making 2008 the 75th anniversary of the launching of the New Deal.

Before President Roosevelt's first Hundred Days in office were served, between March and June, 1933, fifteen major pieces of legislation were enacted. The New Deal was born, giving the American people the Agricultural Adjustment Act (AAA), which provided funding to farmers to curtail their production; the National Industrial Recovery Act (NRA), which provided for codes of fair competition to regulate industry, and for the first time in American history guaranteed the rights of labor to bargain collectively; the Public Works Administration (PWA), which constructed roads, dams, and public buildings; the Federal Deposit Insurance Corporation (FDIC), which served to insure deposits in banks; the Tennessee Valley Authority (TVA), which provided for navigation, flood control, electricity generation and economic development in the Tennessee River Valley, at the time one of the poorest and least developed regions of America.

The government also set up a special work program for the unemployed in the Civilian Conservation Corps (CCC), whose members planted trees, built public parks, drained swamps to fight malaria, restocked rivers with fish, worked on flood control projects and a range of other work that helped to conserve the environment. Also through the New Deal the government refinanced mortgages, provided emergency relief for Americans who could not then support themselves, and regulated the stock market through the Securities and Exchange Commission (SEC). The New Deal was underway!

The New Deal: The Legacy of FDR

 
 
 
   
 
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