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.
Roosevelt united all wings of his party, avoided divisive cultural issues, and brought in a leading southern conservative as his running mate, House Speaker John Nance Garner of Texas. Roosevelt repeatedly blamed Hoover for the Depression and worsening economy.With unemployment above 20% in 1932 alone, Hoover was remiss to defend his record, and Roosevelt promised recovery with a New Deal for the American people.932 was a realigning election, as Roosevelt and the Democratic ticket won a sweeping victory over Hoover and the Republicans, extending their control over the U.S. House and gaining control of the U.S. Senate.