There have been many truly awful presidents elected in the United
States, but if I had to pick my least favorite, I might choose Herbert
Hoover.
I obviously have disdain for Hoover’s big-government policies, but I also am extremely irritated that – as Jonah Goldberg explained – he allowed the left to create an utterly bogus narrative that the Great Depression was caused by capitalism and free markets.
Indeed, the Center for Freedom and Prosperity produced a video demonstrating that the statist policies of both Hoover and Roosevelt helped trigger, deepen, and lengthen the economic slump.
Building on that theme, here’s a new video from Prager University that looks specifically at the misguided policies of Herbert Hoover.
http://finance.townhall.com/columnists/danieljmitchell/2014/07/01/herbert-hoovers-antimarket-policies-helped-turn-an-economic-downturn-into-a-great-depression-n1857574?utm_source=thdaily&utm_medium=email&utm_campaign=nl
I obviously have disdain for Hoover’s big-government policies, but I also am extremely irritated that – as Jonah Goldberg explained – he allowed the left to create an utterly bogus narrative that the Great Depression was caused by capitalism and free markets.
Indeed, the Center for Freedom and Prosperity produced a video demonstrating that the statist policies of both Hoover and Roosevelt helped trigger, deepen, and lengthen the economic slump.
Building on that theme, here’s a new video from Prager University that looks specifically at the misguided policies of Herbert Hoover.
http://finance.townhall.com/columnists/danieljmitchell/2014/07/01/herbert-hoovers-antimarket-policies-helped-turn-an-economic-downturn-into-a-great-depression-n1857574?utm_source=thdaily&utm_medium=email&utm_campaign=nl
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