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one of 2 presidents responsible for CAUSING or PROLONGING the Great Depression
Hoover, building a world reputation as a humanitarian for his successful efforts to prevent starvation in Europe in the wake of [[World War I]], and his remarkable leadership of the business community as Secretary of Commerce (1921-28), was the major political leader of the [[Progressive Era]] in the 1920s. His name was a byword for devotion to duty, efficiency, and humanitarian public service. His reputation fell when he was unable to reverse the [[Great Depression]], and he became the object of attacks by Democrats for the next four decades. He was a hero to most conservatives, including senators [[Robert Taft]] and [[Barry Goldwater]].
Hoover, building a world reputation as a humanitarian for his successful efforts to prevent starvation in Europe in the wake of [[World War I]], and his remarkable leadership of the business community as Secretary of Commerce (1921-28), was the major political leader of the [[Progressive Era]] in the 1920s. His name was a byword for devotion to duty, efficiency, and humanitarian public service. His reputation fell when he was unable to reverse the [[Great Depression]], and he became the object of attacks by Democrats for the next four decades. He was a hero to most conservatives, including senators [[Robert Taft]] and [[Barry Goldwater]].
Hoover turned the 1929 stock market crash into an international economic disaster.
* ... the Hoover interventions include: expanded [[public works]], greater [[government control]] over agriculture, the [[Smoot-Hawley tariff]], a virtual end to [[immigration]], [[government loans]] for construction and other businesses ... Most important was Hoover’s pressuring businesses to not cut wages even as the prices of their output fell. The result was higher real wages, which were responsible for the [[unemployment rate]] topping out at 25 percent, causing the greatest human toll of the [[Great Depression]]. [http://www.thefreemanonline.org/headline/fdr-advisers-knew/]
{{Hoover free markets}}
{{Hoover free markets}}