In fact, the costs would be stupendous, and the damage done by its policies would be catastrophic. The Green New Deal promises âmassive transformation of our societyâ that, among other things, would give promised âeconomic security for all who are unable or unwilling to work.â There were attempts to wiggle around that latter phrase, and probably it will disappear from later versions of the bill. 1208 Words 5 Pages. There were, however, many shortfalls for African Americans under the New Deal. Economists often credit the New Deal with shortening the length and depth of the depression, while others question its impact on an otherwise weak recovery. But New Deal programs alone werenât enough to end the Great Depression. These programs have a positive and a negative â¦ Some of these programs still exist today. There were many programs that were established as part of the New Deal. Show More. 1166 Words 5 Pages. The Green New Deal sounds really good. It was a plan to bring the economic recovery, relief and reform to the nation. However, not all people approved of the New Deal. Negative Effects Of The New Deal. The New Deal, while effective in the short-term sense of revitalizing the economy and providing jobs to the unemployed, did not benefit the future welfare of the United States. Effects of the WPA The WPA was one of the greatest impacting policies of the new deal. The New Deal Effects Negative ï»¿The Effects of the New Deal The Great Depression plunged the American people into an economic crisis unlike any endured in this country before The depression put millions of hardworking individuals into poverty, and for more than a decade neither the free market nor the federal government was able to restore prosperity. Negative Effects Of The New Deal. But as the details start to come out, it looks worse and worse. The New Deal had lasting effects including the relationship change between the federal government and Americans. Besides the obvious effects like giving jobs to millions of people, and possibly saving man from starvation or any other forms of death that may come with living alone on the streets, their were several more profound effects that the WPA. The New Deal was a strategy to help bring the nation out of the Great Depression, started by Franklin D. Roosevelt in the 1930 's. Yet mounting evidence, developed by dozens of economists across the country, shows that the New Deal prolonged joblessness for millions, and â¦ The policies of the New Deal relieved the economic crisis and social contradictions. First, how much will it cost? The New Deal was intended to relieve the poor and the unemployed, recover the sluggish economy, and reform the financial and agricultural system.