World Prosperity Quotes
Most people think that in a democracy, the government has more control over the economy than it really does as Hoover observed almost a century ago. However, the major issue between liberals and conservatives is whether or not the government should use the tools that it does have that might influence the economy and to what extent the government should ameliorate the damage that the poor and middle class suffers from the recession or depression. Unemployment insurance and food stamp distribution are basic examples of amelioration. When the Great Depression hit, Hoover was president and he chose not to use the powers of government and became America’s worst President at managing the economy.