All three are great. Harding is my “Spirit President,” so I gave my vote to him. However, Coolidge is my favorite in more “political” terms or whatever, as I appreciate the dignity and temperament he gave to the office.
How can you think Harding and Hoover were Great Presidents while thinking Trump as a bad one .
Hoover presidency was basically Trump’s except we had 3 and a half years of massive incompetence dealing with a major crises instead of 9 months . The 1929 crash while yes did make a recession inevitable the depth and length of the depression was cause of his massive incompetence.
- He literally let the financial system collapse in fall of 1930 as he refused to bail the banks out . This is what led to a collapse in money supply
- He literally appoint hard money guys at the Fed so the blame people give to the fed also goes to him because he appointed Eugene Meyer
- He signed Smoot Hawley into law
The idea that he was unlucky and there was nothing that could be done about it is pretty ridiculous given these 3 major major things .
2008 by many indications was worse than 1929 but we responded well so we didn’t have a repeat of the depression and the way we responded was literally doing the opposite of what Hoover did