The Mudcat Café TM
Thread #146663   Message #3396599
Posted By: Don Firth
28-Aug-12 - 03:15 PM
Thread Name: BS: Herbert Hoover: A Sucessful President
Subject: RE: BS: Herbert Hoover: A Sucessful President...
Hoover campaign slogan: "Two chickens in every pot, two cars in every garage!"

Not so's anyone much noticed.

At least until Roosevelt got in and his "alphabet agencies," like the WPA and the CCC, kicked in and put people (25% unemployment) back to work. Roosevelt figured that the way to get the economy running again was to put people to work and earning wages. That would get money circulating again because, unlike the wealthy who were sitting on their riches, they would have to spend it—on things like food and rent. At the same time, they would be building bridges, highways, and other infrastructure that the country needed.

It worked.

The Right Wing has hated Roosevelt's guts ever since.

Mr. Obama, please read up on Roosevelt. . . .

Don Firth