Worst Economic President in US history (user search)
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  Worst Economic President in US history (search mode)
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Poll
Question: which do you think it was/is
#1
Obama
 
#2
Carter
 
#3
Clinton
 
#4
Johnson
 
#5
FDR
 
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Partisan results

Total Voters: 36

Author Topic: Worst Economic President in US history  (Read 16453 times)
Mechaman
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Posts: 13,791
Jamaica
« on: July 06, 2009, 01:34:14 PM »

Democrat: FDR, arguably prolonged the depression
Republican: Hoover (in principle I like his policies, but he didn't do anything to combat the depression)

Vepres, you disappoint me.
My ass Hoover didn't do anything. In fact FDR has admitted a good number of times that the New Deal was based off of ideas of Hoover. The idea that Hoover sat on his ass and said "let it be" is total bullshit, it really is.
Here's what Hoover did in his short time in office in response to the Great Depression:
The Mexican Repatriation: A forced migration of 500,000 Mexicans and Mexican Americans to Mexico to remove people seen as "usurpers" of American jobs.
Signed the Smoot-Hawley Tariff Act of 1930 (What I call the "Mega Dumbass Muricah Only Act of 1930") which increased tariffs on thousands of imported items and since the whole world was suffering, other countries tariffed the hell out of US imports into their countries in retaliation, reducing international trade and worsening the Great Depression.
More than doubled the income tax rate on the top income bracket.
Don't even get me started on his legislative agenda.
Hoover was anything but laissez faire. The above I mentioned are just a taste, a friggin taste, of what he did in office.
(facepalm)
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