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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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