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Economic Reform In President Hoover's New Deal

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As the Great Depression chewed up and spit out the American people, they turned to the federal government for help when all hope was lost; however, President Herbert Hoover was a strong believer in the old-time individualism of “pulling yourself up by your bootstraps,” and that pride came from picking yourself up and dusting yourself off, but the suffering, impoverished Americans that were unemployed and stripped of their possessions and hard earned money had no one else to turn to and Hoover was only willing to help the big businesses. Hoovervilles, full of shacks built from garbage, Hoover flags, otherwise known as empty American pockets, Hoover blankets or newspapers used to shield Americans from the cold, and Hoover leather, the sad, reused cardboard replacement for worn out old shoe soles, became national symbols by 1932 when President Hoover was …show more content…

Balancing the budget was no longer the only worry of the government due to the adoption of the Keynesian economic system; however, six million dollars were added to the national debt with the change in monetary policy, but because of this the New Deal could, “bring both a philosophy and a mode of action,” as said by William Lloyd Garrison, Jr., in “The Hand of Improvidence,” The Nation, in November of 1934 (Document D). This new change of pace imposed a democracy that was, “strengthened and renovated,” with new agencies, an efficient executive branch and revived courts, as mentioned in, “The New Deal in Review” in The New Republic in May of 1940 (Document H). FDR influenced this big change in the federal government 's attitude and altered the American people’s opinion on their

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The Great Depression changed everyone’s lives forever, making them use the limited resources they had to survive in any way they could. Hoovervilles were places where homeless people went to find food and shelter. Homeless people made the hoovervilles so they could stay alive. They were made of tar, paper, glass, cardboard, lumber, tin, and any other materials the people could find (“Hoovervilles”). Homeless people couldn’t buy any materials so they had to use what they found to build their shanties.

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They also argue that the Roosevelt administration was not organized which had an effect on how power was delegated. In the article, they openly talk about how the New Deal wasn't nearly as beneficial for the economy and capitalism as the war did. The authors also talk about how FDR felt on certain policies. For example, he wanted to limit parts of the economy, but due to the war, certain areas grew and produced strong profits. Also, through the New Deal, Roosevelt was able to increase the size of the Federal government.

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Many of Hoover’s policies favored big businesses and he believed that the growth of the economy depended on increasing capital given to big businesses would combat the depression, which is also known as the Trickle Down economics. If the government aided big businesses then their investments and success would “trickle-down” to the working class, this improving and expanding the economy (Doc 5). Many people criticized Hoover and his policies for not helping the needy. He refused to provide federal relief programs to help unemployed since he thought people would not be motivated to work if the government aided them (OI).As conditions worsened, makeshift homes popped up all over America and were nicknamed “Hoovervilles”, after Herbert Hoover. Hoover believed that that individual initiative and big businesses would solve the problems of the depression and that the economy would recover on its own (OI).

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Which is one of the ways the Beuscher family got their coal. The family previously donated to the charity and now they feel that the charity was a great investment. Getting people around communities to help each other out should be a thing that exists everywhere before, during, and after the great depression. Communities is what makes America great. The Hoover way, along with the Beuscher’s belief was that people should pick themselves up by the boot straps.

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