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NEW DEAL PLAN Once President Roosevelt took hold of the economy, everything was like a virtuous cycle. In his first 100 days in office, he came up the the "New Deal" plan that ignited the hope of all the suffering Americans. He introduced the Home Owner Loan Corporation, Works Progess Administration, National Industrial Recovery Act, Civilian Conservation Corp., Tennessee Valley Authority, Agriculture Adjustment Act, Federal Securities, Social Security, and FDIC. These acts were to help Americans get back on their feet and help the economy move forward. For instance, the CCC provided jobs for single males on conservation projects and the HOLC loaned money at low interest to homeowners who couldn't meet mortage payments.
AMERICAN RECOVERY REINVESTMENT ACT As of current times, President Obama has improved the economy. He came up with stimulus plans for the recession and has other plans in the work. His "American Recovery Reinvestment Act" is taking its time to heal the sufferings of the Americans but it is being carried out. In these acts include Infrastructure Improvements, School Fundings, Tax Rebates, Cash for Clunkers, First Time Home Buyers Tax Credit, Housing Affordability Stability Project(HASP), Clean Energy Initiative, and TARP. Similar to President Roosevelt's HOLC act, President Obama's HASP act is also helping people in finding homes. Other acts discuss the issues of cleaning the eviroment or tax rebates. These acts are progressing slowly but surely and they are operating smoothly.
