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The Great Depression And The Great Recession: Thinking Back To Franklin D. Roosevelt

The Great Recession is upon us, and while the situation seems to be slightly improving (fingers crossed), it’s the perfect time to take a look back at the Great Depression, that pivotal time in US history. People losing their jobs left and right, giant companies folding – now that doesn’t sound familiar at all, does it?

Let’s start with President Franklin D. Roosevelt (good old FDR). He was the defining figure of the Great Depression, holding the presidency from 1933 to 1945. That’s four terms, which only came to an end with his death – the two-term limit hadn’t yet been enacted. This period of history was quite a time to be president. The stock market’s famously gigantic crash in 1929, nicknamed Black Thursday, had signaled the start of difficult times, and while America was dealing with painfully high unemployment, World War II was brewing.

Which of FDR’s messages might be helpful today? We’ve all heard his famous assertion that “the only thing we have to fear is fear itself,” a tidbit from his first inaugural address in 1933. In other words, the best way to fight something scary is to simply stop being afraid of it. That goes for worrying about finding a new job just as much as it does for the monster under your bed or a military adversary overseas. That doesn’t mean it will be easy. Franklin D. Roosevelt also tried to frame the struggle heroically: “To some generations much is given. Of other generations much is asked. This generation of Americans has a rendezvous with destiny,” he intoned to the Democratic National Convention of 1936.

Destiny is a tricky thing, though, and has to do entirely with how you frame the story. Hindsight is 20/20, as they say, and it’s easy to let memories of hard times become distorted and glorified. We’re not trying to say that FDR was an old windbag – rather, it’s an interesting way to think about the present time. Are future generations going to remember the present time as a story of ordinary Americans overcoming obstacles, or as a mere blip in history – or, worse, as jumbled mess of a downward spiral? It’s impossible to say, but there’s no doubt that taking a positive outlook simply can’t hurt. We’re going to be the ones telling the story, and whether we plan to frame it as failure or resourcefulness just might make a difference in how we carry ourselves today.

In the time of today’s recession, we also have a president whose message of hope has gotten some rave reviews. The election of Barack Obama was a turning point in US history, any way you look at it, but whether or not he’s lived up to his message of reform and progress is something you can decide for yourself. We can only hope that the hard times of today make a turnaround soon and avoid the infamy of the Great Depression, and whether Obama’s destined to be remembered as the kind of noble, powerful figure that we see in FDR remains to be seen.

About the Author

Shmoop is an online study guide for US History, events like the Great Depression and biographies like Franklin D. Roosevelt. Its content is written by Ph.D. and Masters students from top universities, like Stanford, Berkeley, Harvard, and Yale who have also taught at the high school and college levels. Teachers and students should feel confident to cite Shmoop.

Mrs. Franklin Roosevelt with Edith S. Sampson at the Opening of the United Nations General Assembly $79.99 Mrs. Franklin Roosevelt with Edith S. Sampson at the Opening of the United Nations General Assembly - Premium Photographic Print

Just The Facts United Nations $14.6 Rated: NASynopsis: The history of the United Nations, as an international organization, has origins which begin in World War II. Since then its aim and activities have expanded to make it the archetypal international body in the early 21st century.Winston Churchill first suggested using the name United Nations to refer to the wartime Allies. Churchill cited Byron's use of the phrase united nations in Childe Harold's Pilgrimage, which referred to the Allies at the Battle of Waterloo in 1815. United States president Franklin Delano Roosevelt adopted the name and the first official use of the term occurred on January 1, 1942 with the Declaration by the United Nations. Learn how the United Nations was formed and how it functions.

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Franklin and Winston $13.99 The most complete portrait ever drawn of the complex emotional connection between two of history’s towering leaders Franklin Roosevelt and Winston Churchill were the greatest leaders of “the Greatest Generation.” In Franklin and Winston, Jon Meacham explores the fascinating relationship between the two men who piloted the free world to victory in World War II. It was a crucial friendship, and a unique one—a president and a prime minister spending enormous amounts of time together (113 days during the war) and exchanging nearly two thousand messages. Amid cocktails, cigarettes, and cigars, they met, often secretly, in places as far-flung as Washington, Hyde Park, Casablanca, and Teheran, talking to each other of war, politics, the burden of command, their health, their wives, and their children. Born in the nineteenth century and molders of the twentieth and twenty-first, Roosevelt and Churchill had much in common. Sons of the elite, students of history, politicians of the first rank, they savored power. In their own time both men were underestimated, dismissed as arrogant, and faced skeptics and haters in their own nations—yet both magnificently rose to the central challenges of the twentieth century. Theirs was a kind of love story, with an emotional Churchill courting an elusive Roosevelt. The British prime minister, who rallied his nation in its darkest hour, standing alone against Adolf Hitler, was always somewhat insecure about his place in FDR’s affections—which was the way Roosevelt wanted it. A man of secrets, FDR liked to keep people off balance, including his wife, Eleanor, his White House aides—and Winston Churchill. Confronting tyranny and terror, Roosevelt and Churchill built a victorious alliance amid cataclysmic events and occasionally conflicting interests. Franklin and Winston is also the story of their marriages and their families, two clans caught up in the most sweeping global conflict in history. Meacham’s new sources—including unpublished letters of FDR’s great secret love, Lucy Mercer Rutherfurd, the papers of Pamela Churchill Harriman, and interviews with the few surviving people who were in FDR and Churchill’s joint company—shed fresh light on the characters of both men as he engagingly chronicles the hours in which they decided the course of the struggle. Hitler brought them together; later in the war, they drifted apart, but even in the autumn of their alliance, the pull of affection was always there. Charting the personal drama behind the discussions of strategy and statecraft, Meacham has written the definitive account of the most remarkable friendship of the modern age. From the Hardcover edition.

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