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During the 1930s many economists argued that one of the ailing nation's primary needs was an infusion of money into the economy to check the downward spiral of unemployment. The Roosevelt administration responded with such a wide array of agencies, administrations, and acts — most of which were referred to by acronyms formed from the initial letters in their names — that some glibly referred to them as an "Alphabet Soup of Acts and Agencies."
Sources:
Paul K. Conkin, F.D.R. and the Origin of the Welfare State (New York: Crowell, 1967); republished as The New Deal (New York: Crowell, 1969);
Steve Fraser and Gary Gerstle, eds., The Rise and Fall of the New Deal Order, 1930-1980 (Princeton, N.J.: Princeton University Press, 1989);
Raymond Moley, The First New Deal (New York, Harcourt, Brace & World, 1966);
Rexford G. Tugwell, The Brains Trust (New York...
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This section contains 151 words (approx. 1 page at 300 words per page) |
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