AMERICAN GOVERNMENT, 10th edition by Theodore J. Lowi, Benjamin Ginsberg, and Kenneth A. Shepsle
FDR. Modern Presidency Pre-Modern 1789-1932 Modern 1933-present 2 nd American republic? –Theodore...
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Transcript of FDR. Modern Presidency Pre-Modern 1789-1932 Modern 1933-present 2 nd American republic? –Theodore...
FDR
Modern Presidency
• Pre-Modern 1789-1932
• Modern 1933-present
• 2nd American republic?– Theodore Lowi, The Personal Presidency
Real GDP (per working age person)
• Timothy J. Kehoe Professor of Economics, University of Minnesota and Adviser, Federal Reserve Bank of Minneapolis, http://www.econ.umn.edu/~tkehoe/
GNP Per Capita (relative to 1889-1929 trend)
J. Bradford DeLong, University of California at Berkeley and NBER http://econ161.berkeley.edu/TCEH/Slouch_Crash14.html
Stock Market
http://www.affordablehousinginstitute.org/blogs/us/Stock_market_crash_1929_small.jpg
The Depression in the US
“Hoovervilles”
Herbert Hoover, 1929-1933
Governor Roosevelt of NY(with former Gov. Al Smith)
John Maynard Keynes: Modern Liberalism
CirculationNewmann gets paid!!!!! Newmann gets paid!!!!!!!!!!!!
Employee Newmannenrolls buys bagels,at VCU Chinese food,
new Pat Metheny CD,
sneakers
Employee decides Employees ofhe/she can pay businessesfor college near VCU
get paid
Business Cycle
Boom-Bust cycle
Self-regulating
But, what if….
Non-self-regulating
FDR’s New Deal• FDR Inaugural Speech (text) (audio of
oath of office and inaugural speech)
• Fireside Chats
1. Government Role in the Economy
The New Deal: Creating Jobs
Works Progress Administration
New Deal: RegulationNational Recovery
Administration
but… Schechter v. US (1935)
New Deal: Redistribution
2. President’s Role
3. Enlargement of the Federal Government
“Presidential Branch”
WHO NSC OMB NEC USTR CEQ OHS OGC
WH Offices (Counsel, Communications….)
WHO-White House Office; NSC-National Security Council; OMB-Office of Management and Budget; USTR-Office of US Trade Representative; CEQ-Council on Environmental Quality;
OHS-Office of Homeland Security; OGC-Office of Global Communications
Executive Office of the Presidency (EOP)
Three Layers of Executive Branch
WHOEOP
Appointees in Executive Branch
Career Bureaucracy
4. Precedents
• 100 Days
• New Deal as a new social contract
• President as provider of services – Not Congress
– Not federal government
5. Electoral Realignment
• 1860-1932 (72 years)– 56 years Republican; – 16 years Democratic
• 1932-1980 (48 years)– 32 years Democratic; – 16 years Republican
Atlas of Presidential elections
New Deal Coalition• Democratic South
• African-Americans
• Union members
• Urban North
• Immigrant/newer ethnic groups
• Farmers
• Socialist parties voters
Effect of FDR on US Political Culture
Left Right
Left-right defined as accepted level of government intervention in the economy:
right = less intervention
left = more intervention
USPre-1933
FDR Character
FDR: Polio
Eleanor Roosevelt