Which President moved Thanksgiving up one week to help stimulate the economy?
Franksgiving is a portmanteau of “Franklin” and “Thanksgiving”, coined by Atlantic City mayor Thomas D. Taggart, Jr. to describe the American Thanksgivingholiday from 1939–1941.
In 1939, President Franklin D. Roosevelt moved Thanksgiving one week earlier than normal, believing that doing so would help bolster retail sales during one of the final years of the Great Depression. This led to much upheaval and protest, causing some to deride the holiday as Franksgiving. Thanksgiving (after 1941) takes place on the fourth Thursday of November.
In 1939, Franklin Roosevelt moved Thanksgiving up a week to help stir up the economy during the Depression so that the Christmas shopping season could last longer. It was a disaster.
Some governors refused to recognize the earlier holiday, resulting in Thanksgiving celebrations taking place on separate days in different states. The country became split on which Thanksgiving they should observe, when 23 states chose to celebrate the holiday on its original date, rather than move it up a week.
Unfortunately, a 1941 Commerce Department survey concluded that the earlier date did nothing to increase sales. In 1941 Congress ruled that Thanksgiving always be the 4th Thursday in November.