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Fdr

Submitted by jilliepoo on May 15, 2005

Category: American History
Words: 1227 | Pages: 5
Views: 437
Popularity Rank: 19,467
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Napolean Bonaparte once stated, “A leader is a dealer in hope.” Hoover and Roosevelt had very different viewpoints on how to handle the Great Depression. Hoover preferred “rugged individualism,” and FDR preferred “helping hand” philosophies. Hoover believed in assisting business in hope that this support would create a trickle down impact which would lead to investment and more jobs. FDR, on the other hand, wanted to provide people with jobs to increase confidence and correcting failures in certain economic institutions, leading to a bubble up scenario. It is ironic that Hoover knew how it felt to suffer in poverty as a child, yet FDR better handled the job of reassuring citizens that he was the man to get the nation out of its slump. Franklin Delano Roosevelt was the man to turn to. FDR is the president who dealt hope to the citizens of the United States during the Great Depression and gave them a reason to believe that everything would be okay.
One of Hoover’s big mistakes was the acts that he passed in “attempt” to help the U.S. Herbert Hoover is known as a president who allowed the United States to continue to slide into its worst depression ever. Though Hoover did take some action, it was too little, too late. Hoover did intervene after the Stock Market crash, but the acts passed by Congress and signed by Hoover were the worst kind of interventions. They worsened the problem. The most infamous of these is known as the Smoot-Hawley Tariff Act. Raising tariffs at this time was the worst possible thing that they could have done to cure a depression. The Smoot-Hawley Tariff was guaranteed to worsen the depression and stifled international trade. Other acts passed during Hoover’s administration had similar effects of either raising prices or keeping them artificially high when they should have been dropping. Also, his Agricultural Marketing Act had little impact on the prospects of American farmers. Hoover obviously handled the Depression the exact wrong...

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