American History

Andrew Jackson was elected in 1829 as the seventh president of the U.S. In his presidential inauguration he made history by being the first president to invite the citizens of the United States to the White House. Due to his popularity, the inauguration of President Andrew Jackson was attended by a very large crowd. However, Jackson had spend most of his lifetime in the military where he led many troops which won a number of battles including the Seminole War which got rid of Spanish in Florida.
Nevertheless, during his reign as the US president Jackson does not deserve to be ranked among the greatest presidents of the United States of America. This is because of his disastrous policies which contributed to the great depression of 1837. In connection with this, Andrew Jackson planned to withdraw from the second bank of the United States. From this perspective, he needed the bank abolished because he claimed that the bank was directing all the states economic strength in one body. Additionally, he also argued that the bank allowed foreign interest to control the government as well as continuing to uplift the rich at expense of the poor. Apart from this, the bank also exercised excess authority over congress members and it also undermined the western and southern states.

However, after a huge struggle Jackson was able to get rid of the bank by rejecting the congress re-charter in 1832 and withdrawing all the U.S finances in 1833. First, Jackson invested the money in the production of cotton, land sales, other banks and canal production. Nonetheless, as a result of banks giving out paper banknote without a good stoke of gold and silver the states were soon caught up with a lot of debts and inflation. As if that was not enough, President Jackson gave out new orders in 1836 which required silver and gold as a form of payment for government lands.

Remarkably, this resulted to a high demand for silver and gold which banks could not afford. As matter of fact, the banks collapsed which directly contributed to the great depression of 1837. According to the Boston journal Jacksons policy, bank vetoing was never the best. In fact, the idea was termed as one of the most unrealistic in history of the United States. Moreover, the bank veto document claimed that the rich were oppressive to the poor and justification of the president to guard the humble was just but a lie. Additionally, the denial of the Supreme Court as the most appropriate tribunal to determine the law constitutionality was another whole selfish idea.

 To be specific, the document was meant to uphold the interest of the south where the president came from but not the state as a whole. In fact, the veto portrayed Jackson and his advisors as corrupt, liars and cunning with the intention of oppressing their opponents. In reality, this shows the characteristics of a poor leader. The failure of President Jackson is also shown in the banking crisis cartoon which was developed during the depression. This was whereby Jackson peered through the window as the bank president as the supporters tried to hold on the collapsed system. This is to say that president Jackson did not care the tragedy he got the country into.

From a broader perspective, President Jacksons policies were not beneficial in any way to the state. More to this point the bank veto document just consisted of selfish ideas that was meant to develop the south at expense of the rest. It was as a result of President Jacksons selfish ideas that the United States experienced the great depression of 1837 which took the state a lot of time to recover.