Who do you believe was the most inconsequential president in history? (user search)
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  Who do you believe was the most inconsequential president in history? (search mode)
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Author Topic: Who do you believe was the most inconsequential president in history?  (Read 2469 times)
Benjamin Frank
Frank
Junior Chimp
*****
Posts: 7,066


« on: November 30, 2020, 05:41:02 PM »

William Henry Harrison.

The dudes biggest accomplishment in office was dying.

But that, being the first case, created the vice president precedent.
But that wasn’t an accomplishment of his own accord.

The thread is "who was the most inconsequential," not "who accomplished the least."


Well, I can forget mentioning Calvin Coolidge then.  He was the person who mostly presided over the events that led to the Great Depression.
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Benjamin Frank
Frank
Junior Chimp
*****
Posts: 7,066


« Reply #1 on: December 15, 2020, 10:46:40 PM »

William Henry Harrison.

The dudes biggest accomplishment in office was dying.

But that, being the first case, created the vice president precedent.
But that wasn’t an accomplishment of his own accord.

The thread is "who was the most inconsequential," not "who accomplished the least."


Well, I can forget mentioning Calvin Coolidge then.  He was the person who mostly presided over the events that led to the Great Depression.

This has long been quite the oversimplification that GOP Presidents of the 1920s practically single-handedly engineered a worldwide Great Depression through their conservative economic policies alone, lol.

How is it an oversimplification?
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Benjamin Frank
Frank
Junior Chimp
*****
Posts: 7,066


« Reply #2 on: December 15, 2020, 11:03:37 PM »
« Edited: December 15, 2020, 11:18:09 PM by Frank »

William Henry Harrison.

The dudes biggest accomplishment in office was dying.

But that, being the first case, created the vice president precedent.
But that wasn’t an accomplishment of his own accord.

The thread is "who was the most inconsequential," not "who accomplished the least."


Well, I can forget mentioning Calvin Coolidge then.  He was the person who mostly presided over the events that led to the Great Depression.

This has long been quite the oversimplification that GOP Presidents of the 1920s practically single-handedly engineered a worldwide Great Depression through their conservative economic policies alone, lol.

How is it an oversimplification?


Because the Great Depression is a complicated thing that can't be boiled down to "low taxes and low regulation cause world to go to hell" as a matter of principle?

Hiding behind 'it's complicated' is a dodge.  A lack of regulations or of enforcement are the cause of many problems despite the lies from right wing economic websites.

Market failures are real.  When these right wing economic websites deny their existence, they should not be taken seriously.

Lack of regulations led to the enormous buying of stocks on margin that led to the Great Depression.  The resulting stock market crash was then exacerbated by the inability to print money due to being on the Gold Standard, but that came after the stock market crash (Several crashes actually.)  

Deregulating led to the Savings and Loan Debacle of the 1980s and failure to regulate caused the Great Recession of 2008.  I don't know how many more examples people need to finally learn.

The capital gains tax cuts of the mid 1990s most likely led to the dot.com boom and then bust in 2000, but that's allegedly more debatable.
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Benjamin Frank
Frank
Junior Chimp
*****
Posts: 7,066


« Reply #3 on: December 16, 2020, 02:43:06 PM »

Regulations, taxes high and low, etc. are virtually irrelevant to the real economy.

What is the 'real economy'?
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Benjamin Frank
Frank
Junior Chimp
*****
Posts: 7,066


« Reply #4 on: December 16, 2020, 02:48:53 PM »

Regulations, taxes high and low, etc. are virtually irrelevant to the real economy.

What is the 'real economy'?


The best metric to measure in a capitalist economy to determine this is always profitability.


How do regulations and taxes not effect this? 

For instance, leaving aside corporate income taxes, property and payroll taxes are levied on companies whether they earn a profit or not.
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