President Hoover's administration's raising income taxes and balancing the budget fixed the problems created by the Great Depression.

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President Hoover's approach of raising income taxes and balancing the budget did not fix the problems created by the Great Depression. In fact, these policies worsened the economic situation and led to deeper economic suffering for many Americans. It was not until Franklin D. Roosevelt implemented his New Deal policies that the economy began to recover.

President Hoover's Administration's Raising Income Taxes and Balancing the Budget