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.
In 1932, Franklin Delano Roosevelt was elected president and he promised a New Deal for the American people. Congress created The Works Progress Administration (WPA) which offered work relief for thousands of people.The end to the Great Depression came about in 1941 with America's entry into World War II.America sided with Britain, France and the Soviet Union against Germany, Italy, and Japan.lack Tuesday is the day that the stock market crashed, officially setting off the Great Depression. Unemployment skyrocketed--a quarter of the workforce was without jobs by 1933 and many people became homeless. President Herbert Hoover attempted to handle the crisis but he was unable to improve the situation.