Many people blamed President Herbert Hoover for the severity of the great depression. He just thought that the depression would just be a passing incident in our nation’s lives, thinking that it would be over in a few months. “Herbert Hoover (1874-1964), America’s 31st president, took office in 1929, the year the U.S. economy plummeted into the Great Depression. Although his predecessors’ policies undoubtedly contributed to the crisis, which lasted over a decade, Hoover bore much of the blame in the minds of the American people. As the Depression deepened, Hoover failed to recognize the severity of the situation or leverage the power of the federal government to squarely address it. A successful mining engineer before entering politics, the Iowa-born president was widely viewed as callous and insensitive toward the suffering of millions of desperate Americans. As a result, Hoover was soundly defeated in the 1932 presidential election by Democrat Franklin D. Roosevelt (1882-1945).” ( History.com staff.) Hoover’s fiscal policy in 1931 and 1932 was weak and feeble fiscal expansion, woefully inadequate.”( Robert, Murphy.) However, Hoover did pursue many policies in attempt to pull the country out of the depression, but by doing so, it reduced international trade and worsened the …show more content…
Over the next eight years, the government did a series of experimental programs, which is known as the new deal. “Franklin D. Roosevelt was in his second term as governor of New York when he was elected as the nation’s 32nd president in 1932. With the country mired in the depths of the Great Depression, Roosevelt immediately acted to restore public confidence, proclaiming a bank holiday and speaking directly to the public in a series of radio broadcasts or “fireside chats.” His ambitious slate of New Deal programs and reforms redefined the role of the federal government in the lives of Americans. Re-elected by comfortable margins in 1936, 1940 and 1944, FDR led the United States from isolationism to victory over Nazi Germany and its allies in World War II. He spearheaded the successful wartime alliance between Britain, the Soviet Union and the United States and helped lay the groundwork for the post-war peace organization that would become the United Nations. The only American president in history to be elected four times, Roosevelt died in office in April 1945.” (History.com staff.) By 1939, the new deal had run it’s course. Short term wise, the new deal helped improves the lives of the people that had been suffering. In the long run of things, it set a precedent for the federal government to play a role in the economics