New+Deal

**New Deal**
====The New Deal was a bunch of economic programs passed by Congress during the first term of Franklin D. Roosevelt, who was the 32nd President of the United States, from 1933 to his reelection in 1937. President Roosevelt passed these programs in response to the Great Depression.==== ====The New Deal focused on what people call the 3 R's: **R**elief, **R**ecovery and **R**eform. Relief stands for the unemployed and poor, recovery is for the economy to normal levels, and reform is for the financial system to prevent a repeat depression.==== ====To meet the New Deals goals, President Roosevelt had over 10 million acres of growing cotton plowed up, had bountiful crops left to rot, and had six million baby pigs killed and discarded. The idea was the less produced, the higher the wholesale price and the higher income to the farmer. Farm incomes increased significantly in the first three years of the New Deal, as prices for commodities rose.==== ====Basically the bill was to cut down on everything, so supply was low, and demand was high. This caused the suppliers to make more money and to pump more money into the economy. The most important program of 1935, and perhaps the New Deal even, was the Social Security Act, which established a system of universal retirement pensions, unemployment insurance, and welfare benefits for poor families and the handicapped.====