Worst Presidents: Herbert Hoover (1929-1933)

February 16, 2007 RSS Feed Print

Herbert Hoover, the 31st president, and Richard Nixon, the 37th, share the ninth spot for entirely different kinds of failings. And both had offsetting qualities and achievements that keep them off the 10-worst list of some major rankings.

Hoover, elected on the eve of the Great Depression, came to the office with the skills of a consummate technocrat and manager. The Iowa native and Stanford-educated engineer ran massive relief operations in Europe both during and after World War I. He was commerce secretary under Harding and Calvin Coolidge.

Once the Depression set in, he lowered taxes and started public works projects to create jobs, but he steadfastly resisted outright relief.

Hoover's rigid adherence to conservative principles may not have been his greatest problem. A poor communicator, he came across as mean-spirited and uncaring. The homeless dubbed their make-shift shanty towns Hoovervilles.

Perhaps his single greatest policy blunder was supporting and signing into law a a tariff act that fueled international trade wars and made the Depression even worse. But style points alone would have cost him the election against FDR.

For all his good qualities, it is fair to say that Hoover failed to rise to the greatest challenge of his time.

Tags:
history,
President

Reader Comments Read all comments (30)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Thomas Jackson at the very bottom, I could not have said it better myself. America needs to understand how socialist Obama actually is. Socialist leaders "never" come into office when times are good. Look at the Castro situation. Look at all situations involving socialism. Obama is feeding off of the millions of Americans that have lost hope in the free market. Many people are miserable and misery loves company. Obama has become this company. If you feel broken there is no time like the present to pick yourself back up and build yourself back up. YOur country needs all of you to stop being so fing lazy and go to work. If you cannot get a job then maybe you were meant to be an entrepreneur. But good luck trying to create a business with Obama as the president.

Freddy James of CA 5:58AM May 12, 2012

Its pretty hard to blame the depression on this guy. the market crashed only shortly after he came to power. i dont know where the author gets this nonsense. the five worst presidents are hoover, lincoln, johnson, truman and probably carter, just in case there are any history students out there who prefer to hear a ture answer to this question of the worst presidents.

Mr. Furley of IL 9:33PM February 21, 2012

Read minervx's comments on Hoover below. They are dead-on. Congratulations, minervx, you did your homework!

Hoover likely worsened economic conditions, but the economy was actually teetering on the day he entered office.

Under his predecessor Calvin Coolidge, per-capita disposable income for almost all Americans was decreasing, the ongoing farm depression continued and the construction boom ended.

Hoover is in the White House for only three months when businesses, reacting to dramatically lower consumer demand, slash production 20 percent.

None of this registers with giddy Wall Street investors during the 16-month. 40 percent stock price explosion of 1928-29 until October '29. Everyone then simultaneously pulls capital away from corporations, and Hoover's looking at a potential national crisis.

The next year, Hoover at first denounces the proposed record-high Smoot-Hawley Tariff, but then buckles under pressure from his own party and signs it. One result is that both imports and exports eventually fall off the table, by as much as two-thirds.

Contracting the money supply is another bonehead move; when there's less money in circulation, businesses have more trouble getting loans.

Things get absolutely scary. Banks fail in unheard-of numbers and unemployment rockets to 25 percent.

Hoover is an enigmatic figure. He's not evil; far from it. He actually enters office as a great humanitarian, yet he gets blamed for causing so much human misery.

I really think Coolidge is equally to blame, as he ignored repeated warnings that the '20s boom had gone bust and tough times were at hand.

Coolidge had this laissez-faire policy to markets that gave tacit approval to the wild, fantasy-based Wall Street ride during his final year in office. He firmly believed that government should pay no role in steadying an economy descending into hell. Most presidents since then have at least taken some steps to prevent such disasters.

creamnsugar of FL 11:31PM August 21, 2011

Subscribe Today

Order the new U.S. News Weekly digital magazine at a special low introductory price!

advertisement

Quizzes

The D-Day Invasion

Test your knowledge of the invasion of Europe on June 6, 1944.

 

 

The Kennedy Family

How much do you know about this political dynasty?

 

 

First Ladies

Test your knowledge of presidential spouses.

 

 

Presidential Pets

Get to know the furry (and scaly) members of the first family.

 

 

FDR's New Deal

How much do you know about the economic stimulus of the 1930s?

 

 

The White House

How much do you know about 1600 Pennsylvania Avenue?

 

 

Air Force One

Test your knowledge of the president's private plane.

 

 

Supreme Court Justices

How much do you know about the current and former justices?

advertisement