It is a little‐known fact, carefully airbrushed from the history books, that in the 1932 U.S. general election, Hoover ran on a highly interventionist platform while Franklin Delano Roosevelt ran on a platform of fiscal and monetary responsibility. Americans had actually voted against Hoover's policies, but when FDR got into power, he found it more convenient to play along with the interests that had influenced Hoover, and as a result, the interventionist policies of Hoover were amplified into what came to be known as the New Deal. It's important to realize there was nothing unique or new
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