What caused the Panic in 1837 was Andrew Jackson shutting down the 2nd Bank of the US, the main reason was because he had a feud with the man who ran the bank Nicholas Biddle. Consequently when Henry Clay, who was an American lawyer, politician, and skilled orator who represented Kentucky in both the United States Senate and House of Representatives, tried to renew the charter the federal government had with the 2nd Bank Jackson quickly vetoed it. Instead of putting the Federal Governments money in the 2nd Bank he took it all out and put it in his “pet” banks which were state banks. But what is not well-known is that if the charter had passed Andrew Jackson would have for sure been ousted as President and Henry Clay would have been the next President. To selfishly secure his presidency Jackson had to make this executive order that would kill the US economy in the coming years. One other policy that does not sit well with many economists is the Specie Circular executive …show more content…
Jackson revolutionized the way candidates campaign and his strategies are still used today in campaigning. he held rallies and got the average person involved in his campaign and made him feel involved. He became a household name when he successfully defeated the British in the Battle of New Orleans. Jackson vetoed anything put on his desk that he say unfit for the people of the United States, Jackson stood firm and did not let anyone walk over him, including the leaders of the