Fireside Chat My fellow Americans we are in a time of economic turmoil and lost dreams. The past character failed to see the consequences of not taking federal action. This administration plans to act back economic stability and hope for present and rising generations. Our former commander-in-chief, Herbert Hoover, reacted poorly to the stock market crash of 1929. He misjudged the intensity of the collapse, calling it a needed adjustment and utter that by his standards, the American economy was fundamentally sound. Hoovers hands-off policy towards the economy drove our nation deeper into the profundity of depression.
He mat that no federal action of all(prenominal) kind was needed to stabilize the economy. Hoover also matte that the federal government should never supply aid of apiece kind to the poor, unemployed, and the hungry. His administration upheld the belief that welfare would destroy the propensity of the American people. Near the end of Hoovers deflower term i...If you want to get a full essay, fella monde it on our website:
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