Hoover signed into law drastic tax increases, e.g. Revenue Act of 1932.
He did attempt some spending programs near the end of his presidency which was also at a point where the depression was already around the point of its most extreme GDP contraction.
You could argue that was FDR did in terms of spending and bank reforms was similar to what Hoover started near the end of his presidency but orders of magnitude larger. In contrast debt/GDP actually remained neutral during the New Deal due to concurrent GDP expansion.
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Hoover signed into law drastic tax increases, e.g. Revenue Act of 1932.
He did attempt some spending programs near the end of his presidency which was also at a point where the depression was already around the point of its most extreme GDP contraction.
You could argue that was FDR did in terms of spending and bank reforms was similar to what Hoover started near the end of his presidency but orders of magnitude larger. In contrast debt/GDP actually remained neutral during the New Deal due to concurrent GDP expansion.