Wednesday, February 8, 2012
nEw DeAl
there are 2 important things we got from the new deal and they were the FDIC and Social Security. The FDIC was very important because it insured the american people who were putting the money into the banks up to $250000. Then there was social security. social security gave older people and people who are retired benifits when they turned 65. these two are very important because they are still used today unlike some of the other acts that roosevelt made.
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I Agree with you, because its a great idea that people get money when they retire, but its not going to work for much longer as we've heard of it in class. I think people should be able to save their own money for retirement,because now they have younger people working for them which isn't going to last much longer.
ReplyDeleteI agree with Kevin. I think that the FDIC was a great thing. People could now trust in banks once again. They didn't have to worry about putting money in the bank and not getting it back if the banks were to crash once again.
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