The Roaring Twenties: The Economic Condition and Those Who Ruled It

During the 1920s a lot was going on within the American economy. The first year of the 1920s started in a post-war depression but grew tremendously after then-President Harding

                                    (Warren Harding, 1865-1923, 29th U.S. President)

 signed the Emergency Tariff of 1921 and the Fordney-McCumber Tariff of 1922; It became a time of increased consumer spending. Considering that Warren G. Hardening was elected president of the United States, it's safe to say that he was a major American political figure during that time. President Harding served in office from 1921-1923 before dying of a heart attack. Harding won his Presidency by promising a "return to normalcy." He favored and believed in Pro-Business policies and limited immigration. After Harding's death, the Teapot Dome Scandal and other instances of corruption came to light, damaging his reputation.

                                    (Calvin Coolidge, 1872-1933, 30th U.S. President)

Vice President Calvin Coolidge succeeded Harding after his death, taking the seat as President. President Coolidge was a Pro-Business conservation who indeed favored tax cuts and limited government spending; he was a president the people and American could be proud of. However, some of his laissez-faire policies contributed to the economic problems that erupted into the Great Depression. Coolidge remained popular throughout The Roaring Twenties, what with women now being able to vote and so on.

                                   (Herbert Hoover, 1874-1964, 31st U.S. President)

Herbert Hoover took office in 1929, the last and final year of The Roaring Twenties; it was the same year that the U.S. economy nosedived into the Great Depression. Although it was his predecessors policies that contributed to the crisis that lasted over a decade, he bore much of the blame in the minds of the American people. As a result of being view as callous and insensitive towards the suffering of millions of distressed Americans, Hoover lost against Democrat Franklin D. Roosevelt in the 1932 presidential election.