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Roosevelt In The 1920's

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In the 1920's, the depression had been the most "uneven distribution of wealth". (Fleet, 10/17) Roosevelt has been lengendarywith the New Ideal. Roosevelt is a template for the presidents post to him. From his presidency, there has been a historian who believed "Roosevelt myth". Roosevelt has been proven to be legendary due to 4 reasons in Folsomsarticle, historians, statistics, spirits, and his morality.
Folsoms questionable article has provided four main points why Roosevelt been so effective. The first reason has been affiliated with historians, like Commager and Morris. We can not blame Roosevelt for any suffering due to pre-presidencies. "The Mellon tax policy," Schlesinger says, "placing its emphasis on relief for millionaires rather than for consumers, made the maldistribution of income and oversaving even worse." (Folsom, Pg. 6) This is shown that previous presidents had brought debt and suffering to others that are not rich and for those who are rich are scared to go poor. "The character of the Republican ascendancy of the twenties had been pervasively negative; the character of the New Deal was overwhelmingly positive." (Folsom, Pg. 6) In other words, histyorians have expressed that …show more content…
Before, Americans had not trusted any type of government or president with crises. "His fireside chats on the radio uplifted Americans and mobilized them behind his New Deal." (Folsom, Pg. 6) Roosevelt had chatted on the radio what was going on and what his plan is. Knowing what is going on had helped comfort citizens. Due to his "New Ideal" there was differences in taxes and regulations that angered business men. "This is because the stock market had crashed in 1929." (Fleet, 10/17) Roosevelt had brought in credit score and bank loans while bank needed loans from businesses. Then Roosevelt had created a holiday for banks so they can recover or fix anything. Roosevelt had still been legendary even through

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