Legacies of the New Deal

Social Security
This compendium was originally a New Deal program. Since then it may have been modified slightly. This system assures an individual some degree of personal autonomy after retirement. This is because through their life they have paid taxes which allows them to withdraw monthly checks from the government and/or from their employer who has stored the taxed money for the retirement fund.

Federal Crop Insurance Cooperation
This program, in short, is crop insurance providing securities against crop failure, natural disasters, and other complications.

Lessons we Learned
We learned a substantial about how to handle recessions and downturns as well as what we shouldn’t do during these times. Depressions are often caused by overdoing things and not allowing the system to handle itself. While we learned much from the great depression we do not know how to prevent one outright. Admittedly we are far better equipped to prevent a new depression than we were for the first one.