Hoover practiced laissez-faire policies. He believed a free market economy would self-correct. As the Depression wore on, government revenue fell, so Hoover cut spending.
He signed the Smoot-Hawley tariff to protect U.S. industries. He believed business prosperity would trickle down to the average person. Instead, the Depression worsened.
Roosevelt was inaugurated on March 4, 1933. In his first 100 days in office, FDR pushed Congress to pass 16 new agencies and laws.
https://www.thebalance.com/fdr-and-the-new-deal-programs-timeline-did-it-work-3305598
Alles zusammen beliefen sich die Tax-summen auf 94% über 240tsd $ per anno
Wenn Rechte rechnen könnten, wären die Staaten nicht in der größten Schuldenkrise seit es Kapitalismus gibt.