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HOOVER

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Actually Hoover for the begining of it for overreaction with too much spending.

Then FDR for extending it and prolonging it with even more spending.

Even FDR himself stated portions of his NEWDEAL was a failure (specificially as it related to unemployment, since most of his work programs were not jobs, but just 'make work' and some were not even with pay.

Hoover helped the depresssion along by doing the tarrifs and etc which turned it into a full depression... Till that, it was still more of a major crash.

Fact is, that Hoovers predesssors created the best economic times ever, and by overspending and then overreacting, the depression was not only created but deepened.

Hoover actually deserves blame but so does FDR for too much followup.

FDR himself stated in 1939 that they overdid portions of the response and it was those responses that extended the depression.

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13y ago
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12y ago

Mainly they blamed Hoover, who was arguably powerless to have prevented it, and didn't want to tie Roosevelt's hands by committing him to specific policies that might have served to end it much sooner (Roosevelt ended up enacting many of those policies anyway, but rather famously refused to meet with Hoover about it before he took office because he wanted to take all the credit for himself.)

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9y ago

President Hoover was unfairly blamed for the Great Depression. Some feel President Calvin Coolidge should have been given more blame.

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13y ago

People mostly blame President Hoover that's why people named those homeless people's little towns Hooverville because they blamed him.

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13y ago

The effects of WW1 on the economy

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Q: Who was unfairly blamed for the Great Depression?
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