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.
After Roosevelt assumed the Presidency in 1933, Hoover became a spokesman for opposition to the domestic and foreign policies of the New Deal. In 1947, President Harry S. Truman appointed Hoover to head the Hoover Commission, intended to foster greater efficiency throughout the federal bureaucracy.