General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf only FDR had not been the same as Herbert Hoover & Cal Coolidge.
(repeating a common meme that was floating around back then)
riqster
(13,986 posts)& thanks.
pampango
(24,692 posts)I had not heard that. In what ways were they supposed to be 'the same'?
Recursion
(56,582 posts)Bailing out business while leaving people without jobs.
And unemployment was three times what it is now, so they may have had a better argument.
MannyGoldstein
(34,589 posts)Think about that.
Which is why, IIRC, fewer than 10 Republicans were left in the Senate after the 1936 elections.
graham4anything
(11,464 posts)MannyGoldstein
(34,589 posts)Capt. Obvious
(9,002 posts)Bluenorthwest
(45,319 posts)Electoral Vote Count Hoover: 59 Roosevelt: 472
Popular Vote: Hoover: 39.7% Roosevelt: 57.4%
Hoover lost 26% of his first term popular vote. 26%.
FDR won 3 more times.
Hoover's second campaign featured more threats and attempts on his life than any other candidate before or since. His trains and cars were pelted with eggs and rotten produce. A man was arrested having removed spikes from the rail line Hoover used.
He was detested.
So I'd sure be interested to see this evidence you claim.
Tommy_Carcetti
(43,157 posts)But didn't Coolidge help sow the seeds that lead to the depression?
pampango
(24,692 posts)Coolidge signed the Immigration Act later that year, which was aimed at restricting southern and eastern European immigration, though he appended a signing statement expressing his unhappiness with the bill's specific exclusion of Japanese immigrants. Just before the Republican Convention began, Coolidge signed into law the Revenue Act of 1924, which decreased personal income tax rates ... .
With the exception of favoring increased tariffs, Coolidge disdained regulation, and carried about this belief by appointing commissioners to the Federal Trade Commission and the Interstate Commerce Commission who did little to restrict the activities of businesses under their jurisdiction.
http://en.wikipedia.org/wiki/Calvin_Coolidge#Industry_and_trade
While the GDP and stock market did well (at least until 1929) during the Roaring Twenties, by the end of Coolidge's presidency income inequality was at record levels (since surpassed) and union membership was at historic lows (since surpassed also).
Coolidge's policies were the main cause of the Great Depression. His policy of lower taxes and decreased corporate regulation (sound familiar) coupled with restrictive immigration and higher tariffs were all reversed by FDR during the 1930's.
Herbert Hoover became president just about 6 months before the stock market crash and the beginning of the Depression, so it is difficult to blame those on him. He was totally ineffective in dealing with them after they happened, though.