The depression that followed in the wake of Woodrow Wilson ended quickly under Harding, who lowered taxes. In addition to stimulating economy, decreasing taxes actually increased govt revenues due to higher economic activity that followed. This was the earliest basis for supply side economics.
Teapot dome was child’s play compared to what has gone on over the last 20 years.
No, 1922 was a bad year economically. And it was bad “on the farm” throughout the 1920s. But Harding is great compared to most of his successors. It’s the American people who failed, not Harding.