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American Memory
May 27, 2005
The New Deal in One Lesson by Christopher Westley
This is why FDR was lying when, in the summer of 1932, he said in his party nomination acceptance speech that "I pledge you, I pledge myself, to a new deal for the American people"—because if he wasn't, he never would have embraced Hoover's Depression-causing economic policies and expanded them throughout the 1930s. The only thing new about New Deal policies was their name and the people administering them.
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