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Critque the efficiency of of FDR's administration at alleviating the
suffering of the great Depression
FDR truely tried to help the people and wanted to make a change. He was
mostly successfull with his New Deal Program. Each Program helped a
different part of the the country and its people. Focusing only on some
programs which were in the long list of programs in the New Deal program,
it shows that it helped. The FHA or better known as the Federal Housing
Administration helped people at that time who were in a middle class
position and wanted to build or buy a new home in a secure manner.
The adminstration was formed to insure long-term home mortgages and offered
benefits to both middle class home buyers and lending institutions from
which the borrowed their money to pay for the house. It guaranteed that
loans would be secured by banks. This helped the housing idustry so much,
causing new homes to be built and vacant ones to be inhabitted once again.
Keeping this in mind there no question if it was beneficial. Building new
homes also helps the wood, paint and tool industry.
Skilled workers are needed, and unemployment goes down. This also helped
the economy, the people and the lending institutions in the long-run. The
FHA was incorporated into the new Deapartment of Housing and Urban
Development also known as HUD. The Office continued its role as mortgage
guarantor and widened it area of responsibilty to include mortgages lent to
the owners of multifamily dwellings and to public housing authorities as
well as individual homeowners.
Focusing now on another program called the SSA also called the Social
Security Administration. This program is the most known program from the
New Deal program today. And we know that is was without question
successfull. It secured people's earned money so when they retire they
still get money and don't starve.
It not only helps the people but also helps the government. The government
takes the money and invests it in secure investments or works with it in a
different way and gets money from the intrest of the money that the
government doesn't owe.
Today the government has many problems with the social security but inspite
that this program is now 62 years old, and it must have been successfull to
be
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