Coolidge was the last president who could have prevented the stock market crash and the resulting Great Depression. Instead he yawned and stretched in the White House while the U.S. economy moved toward disaster.
Coolidge foresaw the coming problem and did not think Hoover would handle it well, but he was committed to leaving office. Please see Coolidge by Amity Shlaes.
Sorry, I don't believe federal government has never been able fix an economy by doing something positive or to prevent an impending economic problem. It can influence the economy slightly and negatively but I can't recall government doing something that fixed a bad economy. I remember the Carter administration playing with price controls which actually accelerated price increases. I've seen the government borrow and expand the money supply every time it wanted to spend money it doesn't have to spend and then have the nerve to call it investment instead of spending. The government isn't the economic fixer. The economy has always had to fix itself. I wonder what federal government could have done to prevent the stock market crash of 1929. The government doesn't operate the stock market. Coolidge always gets a thumbs up from me despite the few warts in his administration.
The Stock Market Crash was caused by people borrowing money, buying stock, selling the stock when the price rose, and paying off the loans. Obviously, that only works when the stock market keeps rising. When a lot of Americans expect to get rich by doing something other than something useful, the country is in danger. When the stock market began to fall people lost fortunes and banks failed. The government could have prevented that. In 1932, which was Herbert Hoover's last full year in office, the unemployment rate was 32.6%. In 1940, when Franklin Roosevelt ran for re election the second time this had declined to. 14.6% https://www.infoplease.com/business/labor/united-states-unemployment-rate In 1932 the per capita gross domestic product in 1996 dollars was $4,901. By 1940 this had grown to $7,423 in 1986 dollars. https://www.singularity.com/charts/page99.html Roosevelt was re elected three times because most Americans knew that life for them and the people they knew began to improve almost as soon as Roosevelt was inaugurated in 1933. First the rich lost fortunes on the stock market. Then Roosevelt came along, blamed them for the Great Depression, raised their taxes, and encouraged their employees to join labor unions. It was great fun, and excellent politics for the Democrats.
None of the above for me. I am an independent with no preference for left or right. The more I study political science the more I come to see the pros and cons of both sides of the political coin. The more I study sociology the more I come to see that human nature is systemic, thus that which disturbs me about one political group can be found in all political groups.
I went with MAGA Republican..... because that is the way to actually get Libertarian Right policies done in America!
But you're canadian. Why does it matter what policies happen in America. If libertarian right policies were to happen in America, according to MAGA, Canada will be hurt by losing jobs and exports to USA. As MAGA wants USA isolated from world and do everything in house. It would hurt Canada.
In terms of the stands they take on issues, libertarians are rightists on economic issues and leftists on social issues. One could say that a libertarian is a Republican who dislikes going to church, and who likes casual sex and sexual variety.
Yes, like the "oppressed straight, white, Christian male" we keep hearing about. Its straight from Marxist playbook, and they don't even know it.
We Canadians are bored with all the drivel that proceeds out of Ottawa..... we are far more interested in what happens in America and many of us find President Donald J. Trump to be the greatest breath of fresh air since President Ronald Reagan. Many of us Canadians are hoping that the clean up of the Washington Swamp will lead to the arrest of many in the Ottawa Swamp!
actually, a Libertarian is more akin to those who rose up against tyranny from England. And then, those who drafted and held dear the Constitution understanding that govt must have limits. There is nothing left or right about that. It's knowing that allowing govt to become too large will result in diminished liberty
Bad news for you. The 2x impeached was voted out as incumbent. It is very hard, for an incumbent to lose. So, if Canadians are hoping for the disaster of that 1 term president and think that was good, well, I guess the weather is too cold up their and has caused brain freeze.
Or a gov't so small, it is utterly useless. Those words, too small, too large, are hard to define. Those are very subjective and hardly anyone will agree what is the correct size.
I don't believe that he actually lost in 2020 but instead a massive sting operation went into motion......... because election fraud is a serious crime!!!!
Well, I happen to go with data and facts. Not conspiracy theories. So we differ in the sources of information we choose to follow. In the USA, we have 50 State elections. All have some kind of election boards made up of both party representatives. Many States are in complete R control, from the gov to the state legislator. So, that typically gives that party a little leg up on votes due to redistricting. A few of those States, Az and Ga in particular, went to Biden. After countless attempts to change the results, they all failed. Because the election was on the up and up. So, we have 50 different run elections. It is near impossible to have a massive sting covering all 50 states and not have that information leaked on how the sting operation was put into place. Our election processes in USA are nearly fraud resistant, fraud occurs at about a 0.0000006% rate. It's near non existent.
Liberty for who? I do not benefit form more liberty for the rich. I benefit form higher taxes for the rich.