Saturday, February 22, 2014

Hoovervilles and Obamavilles

Hooverville's and Obamavilles

 
In the estimation of many economists today, Republican President Herbert Hoover C. Hoover was unfairly saddled with the blame for the Great Depression.

In fact, the Smoot–Hawley Tariff Act which greatly contributed to that massive, economic and social collapse had been enacted two years before his election; the stock market crash of 1929 occurred less than eight months after he took office; and he had instituted public works projects long before Franklin Delano Roosevelt’s brain trust thought of comparable New Deal programs.

An astute and experienced engineer, Hoover promoted government efficiency to combat systemic government waste and inefficiency as well as the need for public volunteerism in American society and in the economic sphere.  Nevertheless, he was crushed in the 1932 presidential election by FDR who never did get us out of the Great Depression until he hit on the idea of involving America in World War Two by virtually inviting Japan to attack Pearl Harbor.

As the Depression deepened and millions lost their jobs and homes, shantytowns, mainly but not exclusively located near major cities, began cropping up around the country.  Those ramshackle collections of the destitute and dispossessed came to be known as Hoovervilles and became the single most vivid embodiment of Hoover’s “failures”–and a major cause of his electoral defeat.

Ironically, America under the Democrat administration of President Barack Hussein Obama, champion of the destitute, the dispossessed and oppressed, is now witnessing a re-birth of Hooverville’s, only, this time around, they’re being described as Obamavilles, reflecting their residents’ belief that Obama is the primary cause of their sorry plight. . .  (Read more at http://www.genelalor.com/blog1/?p=35897.)

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