Get a grip!
The 1929 crash was the result of two things. People who knew nothing about the stock market buying stocks on margins. And people who knew the stock market taking advantage of the first group.
The 1929 stock market was a house of cards waiting for someone to pull the bottom out.
The American people lost faith in the open market and everyone quit buying holding on to the little they had left.
I think President Trump understands this. For the price of a Carrier Task force he is trying to keep the Americans hopeful that we will come out all this ready to work.
Look at the war years (WWII) and what happen when the markets were switched back from war production to consumer production. The 1950s were some of the best years our nation ever had. Oh, we can expect another baby boom out of all this, which is not a bad thing.
I thought Smoot-Hawley caused the ‘29 crash and Great Depression. /sarcasm