As bad as Zero is, he is not the founder of the Federal Reserve, nor has he dragged us into a World War that was none of our damned business. FDR is one about whom I have decidedly mixed views since I do believe that World War II was our business. Without his political skill I fear we would have stayed out until it was too late. On the other hand his economic polices were disastrous.
nor has he dragged us into a World War that was none of our damned business.
Give him time, he’s still got two years to go.
Actually, it is because of Wilson that Germany did not become the world superpower in the 1920s, after Great Britain lost WWI! By 1917 GB and France were broke, out of gold and running out of men and materiel, much of it bought from America, with gold. The Russian Empire was a useless ally, suffering severe losses to the Hun and suffering many mutinies throughout 1917. The Central Powers, Germany, Austria-Hungary and the Ottoman Empire, could now move troops to the Western Front. France and Britain were in danger of losing the war with much of France and most of Belgium in German hands, which would have consolidated by the Krauts. A German strongman, other than Hitler, could have easily come along in the ‘20s or ‘30s and captured the rest of Western Europe. Same old same old!
As GB and France were out of gold, the American economy was about to grind to a screeching halt, as it would have no more buyers for all of mass of armaments built for GB and France. Wilson’s intervention resulted in the US export economy NOT collapsing. A recession DID occured in 1920, rather than 1917, and was less severe then if the US had not entered the war.
All this aside from the atrocities perpetrated by the Germans in Belgium and France.