Keynesian economics made the federal budget the center of economic control and thereby gave presidents the means, altered only by the US Congress, of conducting what might be termed social engineering and wealth redistribution. Many economists believe this over centralized the economy and could lead to rampant deficit spending, and a larger tax burden.
new deal
short answer. created the era of big government
Smooshi,smooshi,smooshi
It made the economy bad
Smithsonian Institution
the surplus became a deficit
new deal
short answer. created the era of big government
the surplus became a deficit
Yes, the new deal created jobs by giving federal money to businesses
Yes, it is generally agreed that the new deal expanded the role of the federal goverment
While not ending the Great Depression, the New Deal measures did help put people back to work and did restore confidence in the government and economy. The New Deal was very expensive and the federal budget and deficit continued to increase. The growth of the federal government and the corresponding cost to maintain those new governmental agencies were major arguments against the New Deal. From FDR's New Deal to the present, the federal government has continued to grow, assume an active role in the daily lives of citizens, and to cost more in the form of taxes, and to spend more on domestic and foreign affairs. Many politicians, economists, and students of government did not favor such increases.
Yes.
Smooshi,smooshi,smooshi
It made the economy bad
how did franklin d Roosevelt new deal coalition affect African voting patterns
Smithsonian Institution