Roosevelt thought he was justified in cutting federal spending in 1937 primarily because New Deal programs had increased production, wages, and profits. By that time, he believed the economy had improved enough to start reducing federal intervention and spending, as the economic indicators showed signs of recovery.
Why did Roosevelt think he was justified in cutting federal spending in 1937?
(1 point)
• American citizens had had enough of his New Deal programs.
• The Supreme Court was going to end all New Deal programs.
• New Deal programs had increased production, wages, and profits.
• Congress was raising the alarm about federal deficit spending.
1 answer
1 answer