asked 8.5k views
5 votes
Do you think president hoover was correct in saying that, in 1932, nothing was more necessary than balancing the federal government's budget

asked
User Gdurelle
by
8.4k points

1 Answer

3 votes
He wasn't. The federal budget was not a problem compared to what was going on in the banking sector. He focused on the federal budget instead of preventing and fighting the great depression, which is why he eventually lost the elections and why others fought the great depression.
answered
User Lucas Dias
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7.7k points
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