The difficulty lies not so much in developing new ideas as in escaping from old ones.
-John Keynes
The New Deal
*Make work projects
*Highways, Hoover Dam
*To be done in the first 100 days of FDR's admin
*Following John Maynard Keynes economical theories
*Building of the interstates such as hoover dam (Which put 100's of thousands of people to work)
*Definite financing by gov.
*Having to spend money to make it back
*Have to debt to get out of debt as well
*Highways, Hoover Dam
*To be done in the first 100 days of FDR's admin
*Following John Maynard Keynes economical theories
*Building of the interstates such as hoover dam (Which put 100's of thousands of people to work)
*Definite financing by gov.
*Having to spend money to make it back
*Have to debt to get out of debt as well
Summary
The hoover dam as well as many other projects the new deal created helped out the american people. We still use this philosophy to this day.