Review of "FDR: The First Hundred Days," by Anthony J. Badger
Review of FDR: The First Hundred Days, by Anthony J. Badger ISBN 9780809015603 Four out of five stars How the great crisis was first attacked Franklin Roosevelt assumed the presidency as the Great Depression was in force and was becoming solidified as an economic reality and in the minds of the people. In the last years of his presidency, Herbert Hoover seemed clueless regarding what could and should be done to get the wheels of economic progress going again. While Roosevelt had some plans, the reality was that he really did not have a master plan and was forced to make much of what he did at the start up as he went. The explanations of how it was first necessary to restore public confidence in the banking system are easily understood. Without confidence in the banks, there would be runs and there would be widespread failures. This would end the normal processes of loans for economic expansion, housing and credit purchases. As was the case in the later financial ...