tobinChapter23

Franklin Roosevelt

Franklin D. Roosevelt created the New Plan. He said "The only thing we have to fear is fear itself" meaning if we fear putting money in banks then we will never get better. He was the first president to do a radio address named the Fireside Chat. This made FDR the first celebrity as a president. He tried to Restore hope in banks and in the market and also calm the panic. New deal was about three things, relief, recovery and reform. Relief was for those who need help and for the poor. Recovery was for the making sure people had jobs. Reform was for fixing the stock market and banks so it will not happen again. People loved him. His wife was Eleanor Roosevelt and she was the first lady during his presidency. She was named the "First Lady of the World" and since she was the first lady, her position gained more roles and without her the role of first lady might be different today.

//Wikipedia//. Wikimedia Foundation. Web. 25 Jan. 2016.