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His popularity was based upon the fact that he got results.
Which is why we never really got out of the depression during his presidency?
Millard Fillmore didn't serve in the 20th century. :dohNuff said.:2wave:
Millard Fillmore didn't serve in the 20th century. :doh
The Supreme Court neutering his New Deal is what kept us in a depression. The US was actually recovering until the Supreme Court decided to cut all the good stuff out.
What? You have it backwards. First the New Deal kept getting ruled unconstitutional, and then FDR got his way. Still he couldn't solve the problems of the economy.
This was more so because of the backwards monetary policy implemented by the fed at the time. Or so says Milton Friedman....
Milton Friedman was wrong.
Nah, i am going to say he was quite right. In reality, this financial crisis would have been far more severe had we raised the federal funds target rate.
So then how does this philosophy explain the brevity of the early 1920s recession?
WWII finally overcame FDR's idiot depression-fixing policies, then he died. But those that bitch about defense spending, should know that at the end of WWII, defense spending was at 75% of the federal budget vs about 21% today. We became quite prosperous after WWII and defense spending was maintained above 50% all during the 50's. Only after the liberal welfare state was created did defense spending dwindle to pathetic levels. Now the percentage is obviously made lower by all the unconstitutional spending in the budget.What? You have it backwards. First the New Deal kept getting ruled unconstitutional, and then FDR got his way. Still he couldn't solve the problems of the economy.
WWII finally overcame FDR's idiot depression-fixing policies, then he died. But those that bitch about defense spending, should know that at the end of WWII, defense spending was at 75% of the federal budget vs about 21% today. We became quite prosperous after WWII and defense spending was maintained above 50% all during the 50's. Only after the liberal welfare state was created did defense spending dwindle to pathetic levels. Now the percentage is obviously made lower by all the unconstitutional spending in the budget.
It was not based on fraud. The one triggered in 1929, and the one we are dealing with today are primarily fraud driven.
Why should that change anything?
Good, I didn't know s*** about him anyway,just post padding. :mrgreen:
Join me in support of Taft.
The last President to have Facial Hair.
Wellll...ok but you think you could cast a vote for good old Walt Harding as a fav? :mrgreen:
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