Roosevelt Hoover essay
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After nearly a decade of optimism and prosperity, the United States took a turn for the worse on October 29, 1929 the day the stock market crashed, better known as Black Tuesday and the official beginning of the Great Depression. The downfall of the economy during the presidency of Herbert Hoover led to much comparison when his successor, Franklin D. Roosevelt, took office. Although both presidents had their share of negative feedback, it is evident that Hoover’s inaction towards the crises and Roosevelt’s later eccentric methods to simulate the economy would place FDR in the positive limelight of fixing the nation in one of its worst times.
Herbert Hoover was sworn into office when the economic status of the country stood at its highest and the nation was accustomed to a prosperous way of living. When the stock market plummeted and took its toll on the citizens from coast to coast, it was out of his control. The approach however that was taken to deal with the matter is what will ultimately separate Hoover and Roosevelt when the debates to categorize the greatest and worst presidents the nation has seen begin. Hoover was known for false promises as he would speak optimistically to his audience and never deliver. The people began to resent his words knowing they would all fall through eventually. Roosevelt in his inaugural address knew the people were tired of hearing speeches that never pulled through and only spoke with truth as he stated:
“I am certain that my fellow Americans expect that on my induction into the Presidency I will address them with a candor and a decision which the present situation of our people impel. This is preeminently the time to speak the truth, the whole truth, frankly and boldly.”
Although the...
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...ession. Among many spending proposals Hoover proposed one that was notable was The Revenue Act of 1932. This increased personal income taxes noticeably, but also brought back a multiplicity of taxes that had been used during World War I.
Historians claim that Hoovers term during the depression was filled with false promises and accuse the president of doing nothing while the depression worsened. Along with worsening the debt and a fairly aggressive use of government it is clear his approach towards the situation was not the best. FDR’s approach would prove during his administration to suffice in the augmentation of the crisis. Although it seemed like a completely opposite presidency, many ideas came from his predecessor. Roosevelt’s team of advisors understood that much of what they produced and fashioned into the New Deal owed its origins to Hoover’s policies.
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