In cities like New York, households often face considerable rental burdens and high costs of living. How much of your income should you set aside for rent? With the cost of housing on the rise, researchers are reexamining the 30-percent rule of thumb for measuring rental burden.
Hoover became the scapegoat for the Depression and was badly defeated in 1932. In the 1930's he became a powerful critic of the New Deal, warning against tendencies toward statism. In 1947 President Truman appointed Hoover to a commission, which elected him chairman, to reorganize the Executive Departments. He was appointed chairman of a similar commission by President Eisenhower in 1953.
1. The longevity of the Depression became clear by 1932 - Hoover should have began to create a solution 2. Hoover did nothing to help to solve the humanitarian issues raised by the Depression - in fact, the Bonus Marchers were treated like terrorists - this damaged public opinion of Hoover massively 3. Laissez faire was not aiding economic recovery yet Hoover did not attempt to alter these policies 4. Hoover only attempted to aid business through the RFC