Precisely the WAS NO “Depression of 1920”, ya know WHY? Because Harding when he took office DID NOTHING! He let the market work itself out and a little later the FREE Market righted itself! Government Swives(look it up) EVERYTHING it touches!
Sorry US Navy Vet. I thought you were blaming Harding to that recession. Yes, I know the story being an avid fan of economic history.