Crabtownboy said:
Who was president leading up to the Great Depression began
Calvin Coolidge -- Republican
Herbert Hoover -- Republican
Roosevelt took over in 1933. One of his first acts [as reported by the Cato institute] was the destruction of food.
The Agricultural Adjustment Act of 1933 similarly
restricted production to keep prices high. “Excess” output
was destroyed or dumped abroad. While millions of
Americans were going hungry, the government plowed
under 10 million acres of crops, slaughtered 6 million pigs,
and left fruit to rot. Production of milk, fruits, and other
products was cartelized to boost prices under “marketing
orders” begun in 1937.
Roosevelt was all heart. His "fireside chats" had as much content as the speeches of the great empty suite BO but they fooled the people.
The depression continued until Roosevelt introduced the draft in October 1940.
You conveniently forget the recession of 1947 under President Harry Truman. I also believe there was an economic downturn in 1950 that may have initiated the Korean War.
Crabtownboy said:
The recession of 1953-54
Dwight Eisenhower -- Republican
Who was president in 1952? I believe it was Harry Truman. Was he the cause of the 1953 recession?
Crabtownboy said:
Recession of 1957
Dwight Eisenhower -- Republican
Crabtownboy said:
Recession of 1973 - oil crisis
Richard Nixon 1968-resignation on August 9th, 1974 -- Republican
This was not a recession!
Crabtownboy said:
Recession of 1980-1982
Ronald Reagan -- Republican
Caused by the misery index of that great leader democrat Jimmy Carter.
Crabtownboy said:
Recession of 1990-91
George Herbert Walker Bush -- Republican
You conveniently forgot the recession of 1999-2000 caused by the dotcom bubble bursting. President, Bill Clinton, democrat
Crabtownboy said:
The current crisis which may develop into a full blown depression, though I hope and pray not.
George W. Bush -- Republican
The current crisis was caused by the democrat policies requiring banks to grant home loans to people who were not qualified, not the policies of George Bush. Also the democrat refusal to allow more energy production in this country contributed to the high oil prices and the economic strain on people.
Crabtownboy said:
It appears to me that all the recessions in my lifetime happened during the times when Republicians were in office. I was born after the Great Depression, but a Republican was in office prior to that also. Not a good track record BroC. Not one recession was while a Democrat was in office. Looks like Obama will inherit one.
A typical democrat ploy, misinformation. Now crabtownboy why not go back and look at the president in power when certain wars were started.
WWI..... Wilson, democrat
WWII.....Roosevelt, democrat
Korean....Truman, democrat
Viet Nam.... Kennedy/Johnson, democrats
Iraq 1....Bush 41, Republican
Iraq 2.....Bush 43, Republican