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.
So the New Deal did nothing to help the domestic economy. But FDR did personally torpedo world recovery and paved the way toward WWII with his so-called âbombshellâ message to the London Economic Conference in July 1933. The latter had been the worldâs last best hope for rescue of the failed task of post-war resumption.