Notes 11-7 - A. An Histoical Evolution 1. Constitution:...

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A. An Histoical Evolution 1. Constitution: intentionally limiting - Few formal powers - Need to work with other institutions 2. 1789-1933 - With few exceptions, congressdominates - Exception mainly for wartime B. The Institutional Presidency 1. Great Depression(late 1920s-early 1930s) - Devere economic crisis - Worldwide recession 2. Franklin D. Roosevelt and the New Deal - First 100 days = relief o Close banks o Unemployment relief - Then recovery o Agricultural assistance o Civilian Conservation Corps 2...a. CCC, 500,000 jobs were created 2...b. Young men who were sent to go work on country’s infrastructure o Securities and Exchange Commission 2...a. SEC, organization that regulates the stock market o Guaranteed bank deposits o Social Security 3. How financed? - Cut salaries and pensions by 15% - Legalized alcohol and taxed it o 21 ST AMENDMENT, incame 10% of federal budget - Raised taxes on rich and corporations - Ran deficits 4. How did FDR do it? -
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This note was uploaded on 12/05/2011 for the course ENGINEERIN 131 taught by Professor Cytron during the Spring '11 term at Washington University in St. Louis.

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Notes 11-7 - A. An Histoical Evolution 1. Constitution:...

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