How Did President Coolidge Contribute To The Great Depression

The Great Depression and Presidential Influence
The Great Depression is seared into the minds of many as the greatest economic catastrophe in the history of America. Historians and textbooks alike often mark the beginning of The Great Depression as "Black Tuesday," as it began October 29, 1929 and lasted until 1939. The Presidents largely associated with the Great Depression are President Herbert Hoover and President Franklin Delano Roosevelt. In addition to the most notable presidents, President Calvin Coolidge may have contributed to the Great Depression as well; his term in office was August 2, 1923 - March 4, 1929. The cause of the Great Depression is often thought of as the stock market collapse on Black Tuesday, but what led up to that

Beginning of the Great Depression
President Calvin Coolidge, also known as, "Silent Cal," took office August 2, 1923 after President Warren G. Harding passed away. President Coolidge held office until March 4, 1929; a short seven months before the economic crash of the century. Interestingly, President Coolidge did not run for a second term of office. Perhaps he knew the direction in which the country was headed? According to a Presidential biography, President Coolidge's "first message to Congress in December 1923 called for isolation in foreign policy, and for tax cuts, economy, and limited aid to farmers." (White House, 2006). Considering farms and homes were lost to foreclosure during the Great Depression, could aid to farmers have been a preventative measure for that subgroup of the population? It should also be noted that President Coolidge had to clean up after an administration that was

It is appropriate to say the American public respected him and held him in high esteem. According to the White House, President Franklin Roosevelt took office at a very trying time, "Assuming the Presidency at the depth of the Great Depression, Franklin D. Roosevelt helped the American people regain faith in themselves. He brought hope as he promised prompt, vigorous action, and asserted in his Inaugural Address, "the only thing we have to fear is fear itself." (White House, 2006). Hope was something many living through the Great Depression did not have, until, President Franklin Roosevelt. President Franklin Roosevelt took action, as he promised. He is famed for the establishment of "Alphabet Soup," many recovery that programs had short acronyms; CCC - The Civilian Conservation Corps employed young men to assist with conservation projects, TVA - The Tennessee Valley Authority built dams, PWA - the Public Works Administration build public projects to provide employment, AAA - Agricultural Adjustment Act raised farm incomes and set production quotas, and SSA - the Social Security Administration. One of President Franklin Roosevelt's most significant contributions was the New Deal. Although President Franklin Roosevelt produced a great number of helpful legislation, he did not do it alone. President Franklin Roosevelt put a great deal of faith in and trusted the feedback of