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To: Defiant

I have always wondered which recession had the greater intial ferocity -— the one that Harding had or the one in 1929 that Hoover had.

This article claims that Harding’s recession was far greater than the one Hoover had in 1929.


19 posted on 09/22/2010 10:06:13 AM PDT by SeekAndFind
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To: SeekAndFind
Yes, Hoover the technocrat thought he could manage a recession and instead turned it into a full-blown depression. Just like Obama is doing now.

Amazing the parallels between then and now.

21 posted on 09/22/2010 10:22:51 AM PDT by Defiant (Liberals care more about the Koran than they did about Terri Schiavo.)
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