“””1932
This was a significant election not simply because the Depression began under the GOP’s watch. It also had to do with the party’s response. President Hoover failed to address the crisis to the public’s satisfaction. Thus, the party was severely discredited. In eight years time, the GOP would go from 270 House members to just 88 - and it would be 20 years before the GOP would win the White House with a war hero who promised a “moderate conservatism” that accepted the basic premises of the Roosevelt presidency.
This giant lurch manifested itself in the Electoral College””
History rhymes as they say - Stock market continues to tank, 1000 banks fail, Real estate continues to fall, dollar gets whacked in half, peoples taxes go through the roof, unemployment U6 number hit’s 25%, every pension fund and state is in default,,,,,
The dead wood is going to get flushed out. As they say “It’s the economy stupid”
4000 tax protest leagues were formed in the last GD and were very effective against the socialists in power at the time.