Hoovers investments were too little too late.
Look at the charts of what happened after FDR entered office and implimented his plan. There was a precipitus decline in the economic indicators right after that.
To pretend the history says anything but it does is dishonest.
Hoover's interventions predated his days as President and the Great Depression and go back to when he was Secretary of Commerce under Harding and Coolidge. Luckily, Harding ignored Hoover's advice to intervene in the economy during the recession of 1920-21.
I have never ( as well as other regulation people) suggested that EVERY recession has to be helped by intervention.
The 1920 recession was the result of the end of a war. The government stopped its war spending causing the economy to shrink. I dont think anything bad would have happened if they had helped it a little with infrastructure spending. The people may have not gone as hungry for a time.
To continue to pretend that government intervention would have deepened the 1920 recession is utter bullshit just like any other intervention.
You just cant proove anything misers claims to be true because it has never been showm by history.
I just showed you that history conclusively shows intervention and regulation works.
