pink slime. A popular term for an inexpensive, low-quality meat filler, which comprises up to 70% of ground beef sold in the US.ink slime. A popular term for an inexpensive, low-quality meat filler, which comprises up to 70% of ground beef sold in the US.
In 1913, the government established a new federal banking system, the Federal Reserve, to regulate the nation's money supply and to place some controls on banking activities. The largest changes in the government's role occurred during the New Deal, President Franklin D. Roosevelt's response to the Great Depression. During this period in the 1930s, the United States endured the worst business crisis and the highest rate of unemployment in its history.
FDR and the âNew Dealâ. One of the ideas that the media puts forth is that Franklin D. Roosevelt and the âNew Dealâ stopped the Great Depression and saved the American economy. A second New Deal therefore, should be able to save todayâs economy. A closer look at FDRâs policies will reveal that the New Deal did not solve the Great Depression; it did not save capitalism, it actually prolonged the Depression and vastly expanded governmentâs reach.