[Throatpoker]

Originally Posted by Sanin

Oh I'm sorry I don't read. I only pulled that quote from whadya callit ... a book: Hoover didn't start the new deal. By definition the New Deal was a program proposed by FDR. Hoover was a opponent of wasteful policies. Thinking a problem better does not however fix it.

Once again, you should read a little more on this:

...Hoover's role as founder of a revolutionary program of government planning to combat depression has been unjustly neglected by historians. Franklin D. Roosevelt, in large part, merely elaborated the policies laid down by his predecessor. To scoff at Hoover's tragic failure to cure the depression as a typical example of laissez-faire is drastically to misread the historical record. The Hoover rout must be set down as a failure of government planning and not of the free market. To portray the interventionist efforts of the Hoover administration to cure the depression, we may quote Hoover's own summary of his program, during his presidential campaign in the fall of 1932:

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...and this other little jewel:

President Hoover came to the legislative session of 1932 in an atmosphere of crisis, ready for drastic measures. In his annual message to Congress, on December 8, 1931, Hoover first reviewed his own accomplishments of the past two years:

Many undertakings have been organized and forwarded during the past year to meet the new and changing emergencies which have constantly confronted us . . . to cushion the violence of liquidation in industry and commerce, thus giving time for orderly readjustment of costs, inventories, and credits without panic and widespread bankruptcies.

Measures such as Federal and state and local public works, work-sharing, maintaining wage rates ("a large majority have maintained wages at high levels" as before), curtailment of immigration, and the National Credit Corporation, Hoover declared, have served these purposes and fostered recovery. Now, Hoover urged more drastic action, and he presented the following program:

1. Establish a Reconstruction Finance Corporation, which would use Treasury funds to lend to banks, industries, agricultural credit agencies, and local governments;

2. Broaden the eligibility requirement for discounting at the Fed;

3. Create a Home Loan Bank discount system to revive construction and employment measures which had been warmly endorsed by a National Housing Conference recently convened by Hoover for that purpose;

4. Expand government aid to Federal Land Banks;

5.Set up a Public Works Administration to coordinate and expand Federal public works;

6. Legalize Hoover's order restricting immigration;

7. Do something to weaken "destructive competition" (i.e., competition) in natural resource use;

8. Grant direct loans of $300 million to States for relief;

9. Reform the bankruptcy laws (i.e., weaken protection for the creditor).

Hoover also displayed anxiety to "protect railroads from unregulated competition," and to bolster the bankrupt railroad lines. In addition, he called for sharing-the-work programs to save several millions from unemployment.

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In order to be truly versed in this whole mess (and god knows I still have a long way to go), you should do a little more studying.