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To: PugetSoundSoldier; RedMonqey; dcwusmc
Well, Hoover was Coolidge’s Secretary of Commerce, and was in office for 9 months when the stock market crashed; Coolidge had set the policies that basically were in effect - including the budget - while Hoover was in office when it all fell apart.

Are you suggesting that Coolidge was responsible for the crash, i.e., that small-government conservative policies lead to economic disaster?

150 posted on 01/15/2010 5:12:38 PM PST by rabscuttle385 (Purge the RINOs! * http://restoretheconstitution.ning.com/)
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To: rabscuttle385

When did it crash, and what policies did Hoover enact prior to the crash?

The fact is - the crash happened under the policies put in place by Coolidge. The crash was October 29, 1929. Hoover was in office for less than 8 months, and the budget was not even a month old when it came apart.

Was Reagan responsible for the recession of 1981/1982? Was George W Bush responsible for the recession of 2001/2002?

And you conveniently ignored the fact that Republicans lost seats under Coolidge, and continued to do so under Hoover. Reagan gained seats...


152 posted on 01/15/2010 5:22:10 PM PST by PugetSoundSoldier (Indignation over the Sting of Truth is the defense of the indefensible)
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