Herbert Hoover's Presidency

Paper Summary:

This paper explains that Herbert Hoover, who is remembered as a "do nothing President" because of his inability to respond adequately to the dire economic problems of the Great Depression that took place during his presidency, did take actions to intervene after the stock market crash of Black Tuesday but his "trickle down" economic theories were the wrong actions. The author points out that, consequently, Americans began to lose faith in their government when Hoover blithely referred to Black Tuesday as "a passing incident in our national lives." The paper relates that the Great Depression, Herbert Hoover's insufficient reaction to it and Franklin D. Roosevelt's resulting New Deal forever changed the relationship between the public and private sectors within the United States. The paper includes many quotations.

From the Paper:

"Average men and women could no longer even feed their families or secure anymore the basic necessities of life. Such widespread national misery led to FDR's election, by a landslide, in 1932, and to Hoover's dramatic defeat. Almost immediately, Roosevelt, as the new President, began pushing federal government toward a new, far more interventionist role. Roosevelt urged Congress to quickly pass the Emergency Banking Relief Act that would re-stabilize tottering U.S. banks. On March 9, 1933, it did so. That, however, was a mere prelude to Roosevelt's extensive New Deal legislation that slowly pulled the country out of the depression in the years leading up to World War II."

Sample of Sources Used:

• "America's Great Depression." Retrieved December 4, 2005, from: <http://www.amatecon.com/gd/gdoverview.html>.
• "Great Depression." Wikipedia. Retrieved December 4, 2005, from: <http://en.wikipedia.org/wiki/Great_Depression.html.
• "Herbert Clark Hoover (1929-1933)." Presidency in History. AmericanPresident.org. Retrieved December 4, 2005, from: <http://www.americanpresident.org/history/herberthoover/.html>.
• "Herbert Hoover." Reference.com. Retrieved December 4, 2005, from: < http://www.reference.com/browse/wiki/Herbert_Hoover.html>.
• Nash, George H. "Herbert Hoover's Bad Press." Hauenstein Center forPresidential Studies. Retrieved December 4, 2005, from: <http://www.gvsu.edu/hauenstein/index.cfm?id=92612F14-A6D7-BFCD-5C2C89A45FB4DF8A.html>.

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