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.
Herbert Clark Hoover was an American engineer, businessman and politician who served as the 31st President of the United States from 1929 to 1933 during the Great Depression. A Republican, as Secretary of Commerce in the 1920s he introduced Progressive Era themes of efficiency in the business community and provided government support for standardization, efficiency and international trade. As president from 1929 to 1933, his ambitious programs were overwhelmed by the Great Depression, which seem