Hoover actually started a lot of the programs later incorporated into the New Deal. He took the fall and FDR got the credit. Arguably, some of the New Deal programs prolonged the great depression, and it was WW II that ended it. This from my dad, a WW II vet who lived through it.
@@joshuawillis602 But it was Hoover who first increased federal spending on public works projects to provide jobs to the unemployed something that FDR continued and expanded under his administration.
What a relief to see a video on the great depression that is not entirely "oh, it's the free market's fault" nor "oh, it's government intervention's fault". You went more deeply into details... thank you!
Although the big Colorado River dam is called Hoover Dam, when I was a child (late 1940s), it was remembered as Boulder Dam, named originally after the nearby town of Boulder (not Boulder, CO).
Yeah. A reading revealed that the reason is because FDR and Secretary of the interior Harold Ickes just had that low of an opinion in regards to Hoover. I believe it wasn't until FDR died, Ickes was no longer Secretary, and Truman was in charge that the dam was renamed to Hoover Dam (though poor Ickes still opposed it)
He brought too much government into business, his active role as a secretary of commerce under president coolidge wasmajor causes of Great Depression. Later on as president he also failed to handle the situtation. I wish he had been more like Coolidge, a man that does not want to meddle in everything... He regretted it afterwards.
Thank you for your fair, balanced, and straightforward reporting! There are so many videos detailing Hoover on TH-cam, most of them bad and most of them made by non-Americans who clearly have a poor understanding of our history. I'll definitely be checking your channel out more often!
It’s a myth that the roaring 20s caused the stock market crash. Stock markets were not properly regulated and allowed too much risk taking, and that resulted in the crash. FDR there’s some of the blame in the crash in that he did not properly regulate the New York Stock Exchange, the largest exchange by far. At the time exchanges were regulated by the states they resided in.
There's no shortage of myths to go around. The roaring 20s contributed to a lot of people having more money than they needed to survive, and the stock market was a popular way to turn a little extra money into a lot of extra money. When successful investments spread in popularity like wildfire, money gets over-leveraged and leads to all sorts of instability. Correct, the roaring 20s didn't -cause- a market crash, but it's insanity to not see the connection. The same thing continues to happen. Look at the dot-bomb bust. Look at the housing market correction after multiple generations jumped on Greenspan's despicable home ownership crusade. Look at Bernie Madoff, look at FTX, and dang...look at Social Security for crying out loud. Appropriate regulation is good, but regulation NEVER stops people from finding ways to make bad decisions. It just gives them someone else to blame after they F up and go broke. Oh, and it makes the rich richer--in case anybody forgot what happened with COVID hit and we were all "saved" with the American Rescue Plan.
The Fed reduced the money supply by 1/3 between 1929 and 1933, resulting in 1/3 of the banks in the US to fail. In affect the great depression was government-caused.
You should do some kind of special video! Something like figuring out the science that would need to go into certain things from fiction working! Like Pixels (How the aliens could make the characters and how light cannons could work), Star Wars (Hyper Speed or something), or you could even try to figure out the best scientific way to replicate the magic from things like Harry Potter! I would love to see the physics and engineering on how a flying broom could work! Lastly, doing stuff on how science could work in Greek, Roman, Egyptian, and Norse Mythology (Those are the main ones I know. If you do this, please don't mention my username, just the comment.)
why the WWI Veterans were told in 1924 they can get a bonus in 1945?? and they protested in 1932? that doesn't make sense. if it is a bonus, it must be given immediately not 20 years later...
@@ProfessorDaveExplains I didn't find the link I was looking for (Part II of a PBS Documentary on the Great Depression), but this short section covers it. Some good stories from that time can also be found in Stud's Terkel's Hard Times, though you have to search through all the other stories for them. I hope you did not take my comment as an insult as I was just remarking. th-cam.com/video/FxZnYALXpGE/w-d-xo.html
The roaring 20s would not have happened had Harding interfered in the economy like FDR and Hoover in addressing the depression of 19 20-21. Harding did nothing and unemployment dropped from above 11% to less than 4% in two years. The stock market crash was due to lack of proper regulation of the stock markets. FDR there’s most of the blame for not regulating the New York Stock Exchange. At the time states regulated the stock exchanges and the New York Stock Exchange was the largest by far. The Fed helped cause the great depression by reducing the money supply by 1/3 between 1929 and 1933.
Random fact when he oived in england he lived in a white house that looks like a mini white house only for two years i know this cause i see it every day on my way to school ( for brits it has a blue plaque)
Un grande uomo, che con il suo "SAPER FARE", e la sua ostinazione, ha creato il sogno americano. Deviando il corso del colorado, ha costruito la diga di HOWER, e reso fertile il deserto
Hmm I thought history was supposed to present information without a bias ... I just hope when you get to FDR you discuss how “some say that FDR’s big government policies may have increased the length of the Great Depression era by as much as 8 years” ... but something tells me you or your script writer are going to leave that bit out.
No, I'm not a history scholar, that's why I didn't write these scripts nor bother going terribly deep with them. Basic high school level review of facts. But I can spot a bias when I see one, particularly given that these history tutorials don't really present an opinion of any kind. It's just factoids. They're rather shallow.
@Professor Dave Explains - I’ll give you credit that you didn’t outright accuse Hoover of being the sole factor in the Great Depression but I can say that you presented the information in a subtle, but decidedly ANTI-small government manner. And I’m truly curious if the subtext in your presentation of FDR will suggest him as a hero who was “so beloved” he got elected for four terms or a quasi-dictator who nearly had to have power wrestled away from him.
I don't see how anyone could reach that conclusion about FDR, I think he was everything that was right about America and the undoing of his efforts is specifically what's wrong about America today. But given that this is not my field, you can post whatever critique you have when I post it and others can read it for themselves.
what happened was this: the roaring twenties was caused by the expansive monetary policy that was necessary to pay for WW1. Money flowed into the stock market because of the technical revolution that was going on. (In part due to the tech that came out of that war). there was inflation albeit not in the CPI. BUT and this is critical, they (hoover?) DIDN't raise the price of USD to GOLD which was needed because of the inflation of the money supply from ww1, this caused huge deflationary pressures on the monetary system... The stock bubble popped and psychology changed and you have your depression. One of the things that Roosevelt did was to confiscate everyone's non-jewellery gold and once he had the gold, he revalued gold to 36$ from 22$ ? per ounce, which gave a real boost to the economy and the US came out of the depression to a degree in mid-thirties. He didn't want to spend spend spend either, so he let his foot off the accelerator and the country plunged into the second half of the great depression....
I love the idea that, when confronted with the ridiculous failure of Conservatism, Hoover "abandoned his ideology" and started one of the biggest public works projects, ever. "Hmm, that thing I believed in, about how not using the government to improve lives would somehow make everyone's lives better? Not working out. Let's go the other way. But still no welfare! What are we, not terribly cruel? Hahaha! Bully!"
Well, technically the federal government was not supposed to intervene. That would lead to the people being governed by a leader and not of/by the people. The rise of socialists/communists ideology put it peoples heads that they need big government. The lack of local leadership led people to look to government. FDR extended the depression. The bigger the government the smaller the individual.
Professor Dave Jumped the shark. Dave your channel is about science. This video is off-topic, about politics and fiscal policy, ends with a weak and unnecessary claim that other people believe he was the worst president in history. In the lead up to an election in your country. Your political persuasion hopes for a change of government are as obvious as dogs balls. unsubscribed because once folks start disrespecting their audience by going off-topic they tend to have nothing else on-topic of substance to add.
Off topic? I have an American History playlist that goes president by president. This one was next. There is no agenda here. Who are you to tell me what my "topic" is supposed to be?
![ตีสิบเดย์ [FULL] | นางเอกหมอลำเงินล้าน "อุ๋งอิ๋ง เพชรบ้านแพง" & ไฮโซสาวสุดฮอต "ลิลลี่ เหงียน"](http://i.ytimg.com/vi/jPxQS_EgrJ4/mqdefault.jpg)
Hoover actually started a lot of the programs later incorporated into the New Deal. He took the fall and FDR got the credit. Arguably, some of the New Deal programs prolonged the great depression, and it was WW II that ended it. This from my dad, a WW II vet who lived through it.
Hoover didn’t do anything relating to the new deal
@@joshuawillis602 But it was Hoover who first increased federal spending on public works projects to provide jobs to the unemployed something that FDR continued and expanded under his administration.
Good thing we have historical analysis and not the anecdote of your conservative dad
@@joshuawillis602 See Mr. Gillespie's comment below.
@@TianoAnnunziata My dad was a lifelong liberal Democrat. You presumed otherwise to fit your preferred narrative.
What a relief to see a video on the great depression that is not entirely "oh, it's the free market's fault" nor "oh, it's government intervention's fault". You went more deeply into details... thank you!
Although the big Colorado River dam is called Hoover Dam, when I was a child (late 1940s), it was remembered as Boulder Dam, named originally after the nearby town of Boulder (not Boulder, CO).
Yeah. A reading revealed that the reason is because FDR and Secretary of the interior Harold Ickes just had that low of an opinion in regards to Hoover. I believe it wasn't until FDR died, Ickes was no longer Secretary, and Truman was in charge that the dam was renamed to Hoover Dam (though poor Ickes still opposed it)
My dearest Dave! Thank you and please keep up the awesome work that is your channel!
I had no idea you had done videos on American History. What a pleasant surprise!
they're just ok, but check out the full playlist if you enjoy them!
God, MacArthur was a damned maniac!
He redeemed himself in WW2 and the Korean War.
He brought too much government into business, his active role as a secretary of commerce under president coolidge wasmajor causes of Great Depression. Later on as president he also failed to handle the situtation. I wish he had been more like Coolidge, a man that does not want to meddle in everything... He regretted it afterwards.
@ 3:15 , I didn’t know this. US history always fascinates me how all the major plays of the world were at one point minor players
Lol, i didn't realize this video was uploaded today, lmao
Thank you for your fair, balanced, and straightforward reporting! There are so many videos detailing Hoover on TH-cam, most of them bad and most of them made by non-Americans who clearly have a poor understanding of our history. I'll definitely be checking your channel out more often!
Well, I'm sure that a great depression takes more than 8 months to cook...
It takes 2 years for the economy to turn around and Hoover had nearly 4 years and the economy was still dead in the water.
The Dow Jones just fell down to zero, its gonna be a fine swell day.
Hello fellow Bill Wurtz fan!
It’s a myth that the roaring 20s caused the stock market crash. Stock markets were not properly regulated and allowed too much risk taking, and that resulted in the crash. FDR there’s some of the blame in the crash in that he did not properly regulate the New York Stock Exchange, the largest exchange by far. At the time exchanges were regulated by the states they resided in.
There's no shortage of myths to go around. The roaring 20s contributed to a lot of people having more money than they needed to survive, and the stock market was a popular way to turn a little extra money into a lot of extra money. When successful investments spread in popularity like wildfire, money gets over-leveraged and leads to all sorts of instability. Correct, the roaring 20s didn't -cause- a market crash, but it's insanity to not see the connection.
The same thing continues to happen. Look at the dot-bomb bust. Look at the housing market correction after multiple generations jumped on Greenspan's despicable home ownership crusade. Look at Bernie Madoff, look at FTX, and dang...look at Social Security for crying out loud.
Appropriate regulation is good, but regulation NEVER stops people from finding ways to make bad decisions. It just gives them someone else to blame after they F up and go broke. Oh, and it makes the rich richer--in case anybody forgot what happened with COVID hit and we were all "saved" with the American Rescue Plan.
True ,but FDR was the man that had to get us through world war 2,which no republican could have handled.
The Fed reduced the money supply by 1/3 between 1929 and 1933, resulting in 1/3 of the banks in the US to fail. In affect the great depression was government-caused.
He’s now no longer the worst
You should do some kind of special video! Something like figuring out the science that would need to go into certain things from fiction working! Like Pixels (How the aliens could make the characters and how light cannons could work), Star Wars (Hyper Speed or something), or you could even try to figure out the best scientific way to replicate the magic from things like Harry Potter! I would love to see the physics and engineering on how a flying broom could work! Lastly, doing stuff on how science could work in Greek, Roman, Egyptian, and Norse Mythology (Those are the main ones I know. If you do this, please don't mention my username, just the comment.)
Sorry for the long comment :(
Really nice video. Well explain.
The “All in the family” into brought me here.
why the WWI Veterans were told in 1924 they can get a bonus in 1945?? and they protested in 1932? that doesn't make sense. if it is a bonus, it must be given immediately not 20 years later...
Yeah u r right ...
will you respond to the guy who responded to your electric universe debunk?
yes
looking forward to it 👍 love your content
I see what you did there. Well done.
"Mister we could use a man like Herbert Hoover again"
The first red flag about McArthur. That man would have led a military coup in almost any other country.
1:19 Revenue act of 1932? Hoover wasn’t free market
Please teach us about lasers with photons and electrons involved next 🙏
I think you should have spliced in a bit of footage of the Bonus Army's tents and belongings being torched by the army as it moved through.
that would be great if i had access to such footage
@@ProfessorDaveExplains
I didn't find the link I was looking for (Part II of a PBS Documentary on the Great Depression), but this short section covers it.
Some good stories from that time can also be found in Stud's Terkel's Hard Times, though you have to search through all the other stories for them.
I hope you did not take my comment as an insult as I was just remarking.
th-cam.com/video/FxZnYALXpGE/w-d-xo.html
no i totally get it it's just that i am limited as to what i can use in these, it has to be copyright free
Martin Armstrong blog - Herbert Hoover memoir
The roaring 20s would not have happened had Harding interfered in the economy like FDR and Hoover in addressing the depression of 19 20-21. Harding did nothing and unemployment dropped from above 11% to less than 4% in two years. The stock market crash was due to lack of proper regulation of the stock markets. FDR there’s most of the blame for not regulating the New York Stock Exchange. At the time states regulated the stock exchanges and the New York Stock Exchange was the largest by far.
The Fed helped cause the great depression by reducing the money supply by 1/3 between 1929 and 1933.
Boy, this sound awfully like 2020. History truly does repeat itself.
Hoover is not to blame.
Thanks for making this awesome video about me, the most accurate one yet
Professor Dave Explains I'm so excited to learn about Franklin D. Roosevelt (1882-1945).
Please do live chat..
4:10 - 'THE' F.D.R.. How fancy he's gotten.
Karlvie Nadine ❤️😊
Random fact when he oived in england he lived in a white house that looks like a mini white house only for two years i know this cause i see it every day on my way to school ( for brits it has a blue plaque)
Can't wait for FDR and the new deal.
HE KNOWS A LOT ABOUT ALL KINDS OF STUFF
Bertholdt hoover
0:50 typo on the word efforts - missing a 't'
darnit!
@@ProfessorDaveExplains hey staff happen! But you did get the t in darnit!
large scale projects "such as the hoover dam" = large scale projects "such as the infrasctructure plan" . see where this is going?
Are you planning to cover all the presidents before the election in November? Cause if so you’d better hurry.
nah i do one a month
Teach me About the 31st President
Don't worry Herbie, little Donnie is making sure your name isn't on the top of that bad presidents list anymore.
Lol.
Trump 2024!
88 mph
Richard White did you just predict the outcome of the 2020 elections lol
@@richardwhite6062Found the fascist
@@Cjnw found the trendy internet bigot
I clicked as fast as scientifically possible
Do you teach at a school or a college.
nowhere anymore, full time science communication
I thought the federal reserve and the banisters caused the crash.
so wait what finally ended the depression?
WW2, it created manufacturing jobs, so Hoover was right about one thing, the new deal sucked.
Dave! Stop knowing stuff! (You're making the rest of us look ignorant) ;)
Un grande uomo, che con il suo "SAPER FARE", e la sua ostinazione, ha creato il sogno americano. Deviando il corso del colorado, ha costruito la diga di HOWER, e reso fertile il deserto
Profesor tengo una moneda de esa epoca.
The Hoover family must have had their prayers answered when Trump came along. The torch of worst President in history was finally passed to Trump.
Hmm I thought history was supposed to present information without a bias ... I just hope when you get to FDR you discuss how “some say that FDR’s big government policies may have increased the length of the Great Depression era by as much as 8 years” ... but something tells me you or your script writer are going to leave that bit out.
please provide the "history without bias" of yours.
Bobby, you think that anyone who doesn't have your bias is biased.
No, I'm not a history scholar, that's why I didn't write these scripts nor bother going terribly deep with them. Basic high school level review of facts. But I can spot a bias when I see one, particularly given that these history tutorials don't really present an opinion of any kind. It's just factoids. They're rather shallow.
@Professor Dave Explains - I’ll give you credit that you didn’t outright accuse Hoover of being the sole factor in the Great Depression but I can say that you presented the information in a subtle, but decidedly ANTI-small government manner. And I’m truly curious if the subtext in your presentation of FDR will suggest him as a hero who was “so beloved” he got elected for four terms or a quasi-dictator who nearly had to have power wrestled away from him.
I don't see how anyone could reach that conclusion about FDR, I think he was everything that was right about America and the undoing of his efforts is specifically what's wrong about America today. But given that this is not my field, you can post whatever critique you have when I post it and others can read it for themselves.
The Fed
Hoover: he was a body remover.
what happened was this: the roaring twenties was caused by the expansive monetary policy that was necessary to pay for WW1. Money flowed into the stock market because of the technical revolution that was going on. (In part due to the tech that came out of that war). there was inflation albeit not in the CPI. BUT and this is critical, they (hoover?) DIDN't raise the price of USD to GOLD which was needed because of the inflation of the money supply from ww1, this caused huge deflationary pressures on the monetary system... The stock bubble popped and psychology changed and you have your depression. One of the things that Roosevelt did was to confiscate everyone's non-jewellery gold and once he had the gold, he revalued gold to 36$ from 22$ ? per ounce, which gave a real boost to the economy and the US came out of the depression to a degree in mid-thirties. He didn't want to spend spend spend either, so he let his foot off the accelerator and the country plunged into the second half of the great depression....
Can we clone hoover so he clean my shit everyday 🤣🤣🤣🤣
감사합니다
Namaste
Every time there’s some type of recession there’s a war they straight gassing us up 🤣🤣
I love the idea that, when confronted with the ridiculous failure of Conservatism, Hoover "abandoned his ideology" and started one of the biggest public works projects, ever.
"Hmm, that thing I believed in, about how not using the government to improve lives would somehow make everyone's lives better? Not working out. Let's go the other way. But still no welfare! What are we, not terribly cruel? Hahaha! Bully!"
well at the rate things are going trump is gonna be the worst president in history
MrMarkovka11 Not only that but he is the first one ever to encourage people to inject themselves with disinfectants. Such a great president!
Herbert Hoover 😂😂😂👈🏿
Ten virus
First
First!
Early
the trump of their time
Joe biden
Well, technically the federal government was not supposed to intervene. That would lead to the people being governed by a leader and not of/by the people. The rise of socialists/communists ideology put it peoples heads that they need big government. The lack of local leadership led people to look to government. FDR extended the depression. The bigger the government the smaller the individual.
You’re uneducated
Modi is swinging too far to the right
Professor Dave Jumped the shark. Dave your channel is about science. This video is off-topic, about politics and fiscal policy, ends with a weak and unnecessary claim that other people believe he was the worst president in history. In the lead up to an election in your country. Your political persuasion hopes for a change of government are as obvious as dogs balls. unsubscribed because once folks start disrespecting their audience by going off-topic they tend to have nothing else on-topic of substance to add.
Off topic? I have an American History playlist that goes president by president. This one was next. There is no agenda here. Who are you to tell me what my "topic" is supposed to be?
Trump
THANKYOU ❤LOVECHICK ✔ ✅