Last Recourse of Failed Presidents

Townhall.com ^ | September 4, 2012 | Pat Buchanan

[Impy]

Excepted=Accepted. ;)

[x]

Hoover’s progressive policies were little different from FDR’s crap.

Maybe, but it was the tax and tariff increases that killed recovery.

If he'd gotten tax and trade policy right, Hoover might have brought back the economy and survived politically.

[stephenjohnbanker]

” Had Coolidge been in there and behaved sensibly we might remember the event as the Panic of 1929. “

Yep.

[<1/1,000,000th%]

Yet, one wonders: After such a campaign, how does Obama unite and lead the country should he win.

He didn't bother with that after he won a first term. Why would he bother after a second term?

[KC Burke]

Agreed. I was referring to tariff — wssn’t it Smoot-Hawley?

[stephenjohnbanker]

” Agreed. I was referring to tariff — wssn’t it Smoot-Hawley?”

Yep, 1930. It soon caused American exports to drop by some 50%.

[fieldmarshaldj]

Had Smith won and had he presumably followed a similar course as Hoover, it still may have resulted in the GOP moving leftward for 1932 and perhaps nominating Hoover for a rematch (for which Smith would’ve almost assuredly lost). Hoover, of course, would’ve proceeded to exacerbate the problem (as FDR did), and we might’ve faced an even more frightening scenario for 1936... Governor/Senator Huey Long as the Democrat nominee.

[Impy]

Hitler, Stalin, Mussolini, Long.