Arthur Schlesinger claims that the New Deal only got the wheels of industry turning but no more.
No evaluation of the New Deal is complete without an analysis of Roosevelt himself. Desperate times called for desperate measures, and FDR responded with a bold program of experimentation that arguably saved the capitalist system and perhaps the American democracy.
As sweeping as his objectives were, they still fundamentally preserved the free-market economy.
Poverty, unemployment and despair clouded the “American Dream” and intensified the urgency for solutions to address and control the nationwide damage.
President Franklin Roosevelt proposed the New Deal to detoxify the nation of its suffering.