Does Trump Believe in the Welfare Queen?

When FDR started planning the New Deal in 1933, he faced two daunting problems.

Problem Number One was that there were lots of people, particularly people in the Dust Bowl states, who didn’t have enough to eat. This was the only time in the history of this country when the word ‘famine’ could be used to describe what some Americans faced.

Problem Number Two was the fact that in every state there had been a total collapse of the state banks and many families discovered that their entire life’s savings had been wiped out.

To deal with the banking crisis, the New Deal took over the entire banking system and also insured all bank deposits with the founding of the Federal Deposit Insurance Corporation (FDIC) which started up in July 1933.

As for the issue of poverty, particularly with so many people all of a sudden thrown out of work, the New Deal expanded both short-term financial relief through unemployment compensation, along with increasing long-term welfare payments for people who might never get back into the workforce or had never been in the workforce to begin with.

Then, two events came along which dramatically altered the national economy as well as how most Americans earned the money which got them way above the financial level which the government defines as being…