The phrase that reveals a weakness in Hoover's preferred solution to the Great Depression is "I have said before, and I want to repeat on this occasion, that the only method by which we can stop the suffering and unemployment is by returning our people to their normal jobs in their normal homes, carrying on their normal functions of living".
American politician and engineer Herbert Clark Hoover was a member of the Republican Party and the 31st president of the United States from 1929 to 1933. He was in office when the Great Depression began.
The Great Depression had begun to ease by the summer of 1932, but many Americans continued to hold President Hoover responsible.
The Smoot-Hawley Tariff Act, which increased import tariffs, was signed by Herbert Hoover in 1929 as his initial response to the Great Depression. International trade was halted, income taxes were increased, and business executives were urged not to fire employees.
The young will inherit the national debt, thus they are blessed. "Right around the moment, we start to believe we can survive, he ends are moved by someone. Before fish, all men are created equal. "Words without deeds kill idealism," someone once said.
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