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Differences: Herbert Hoover Republican

belief in laissez faire, small government, no government intervention

high tariff, balanced budget

cutting taxes

isolationist

inflexible, slow to change

economic law is natural law, belief in boom+bust cycle

no direct aid, relief as it destroys moral val.

pay for surplus (Agricultural Act 1929)

trickle-down economics

opposed anything linked to socialism and communism

FDR Democrat

big government, government is responsible for social security, welfare state

repeals prohibition

used the Mrs. and radio to keep in touch with people

unbalanced budget, inflation, off the gold-standard, low tariff

higher taxes

pragmatic and flexible

economic laws man-made and possible to change them

direct relief instead of trickle-down

Agricultural Adjustment Act to raise farm income, pay farms not to grow

Keynsian economics - gov spends more than it takes for direct relief

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16y ago
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14y ago

Hoover

· encouraging volunteerism

· Pushed tariff and farm subsidy bills through congress

· However, he believed that federal bureaucracy should have lmtd. regulation over a countries economic system.

· Believed that public-private cooperation was the way to achieve long term growth

· feared too much intervention or coercion by the government would destroy individuality and self-reliance

· raised tariffs (Smoot-Hawley Tariff Act): didn't work as planned

Roosevelt

· Went into action with immediate relief

· Sent many bills to congress in first 100 days.

· Proposed many programs

· Relief- gave jobs to those were unemployed

· Recovery- got the economy back to normal

· Reform- long-term programs that improved the economy

· Economic activist

· Got nation out of depression

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9y ago

While most people see only differences between Conservative Republican Ronald Reagan and Liberal Democrat Franklin D. Roosevelt, they do share some similarities. Both Presidents were dynamic people who took office and took charge, transforming Americans views of the government. Reagan is known for his Reaganomics idea while Roosevelt is famous for his New Deal offerings. Reagan and Roosevelt took office after large declines and turned negatives into positives for the American people.

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13y ago

Let's just say that Hoover's policies sucked and FDR's policies didn't

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12y ago

he actualy eats rice with pork skins :/

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15y ago

two oo,s

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Q: What are some similarities between Obama and Herbert Hoover?
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