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In 1935 Roosevelt made a decided move to the political Left in what historians have labeled "the Second New Deal." Less than two years into his first term, the economy began to falter. Though the federal government had pumped billions into works projects and relief, the much-vaunted recovery had not taken shape. Roosevelt was pilloried from both the Right and Left by popular figures such as Sen. Huey Long of Louisiana, Father Charles Coughlin, the "radio priest" of Detroit, and Dr. Francis Townsend of California. In response Roosevelt orchestrated the beginning of the modern welfare state. A significant part of this "new Roosevelt" was his anticorporate tone. His "Soak the Rich" progressive tax (which proposed taxes as heavy as 75 percent on the wealthiest Americans) and his efforts to rein in the power of utility trusts marked a break with the relief policies of the previous two...
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This section contains 170 words (approx. 1 page at 300 words per page) |
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