this post was submitted on 18 Nov 2024
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[–] RubberElectrons@lemmy.world 1 points 11 hours ago* (last edited 11 hours ago) (1 children)

Who was the president when the great depression started?

What was their party affiliation, more importantly did they focus on laissez-faire capitalism? That is, did they believe in reducing regulation for the free market?

A mere 10 seconds of recalling history irrevocably damns the low quality conservatives.

[–] andros_rex@lemmy.world 2 points 5 hours ago (1 children)

It’s very odd how little Harding and Coolidge’s corruption immediately leading up the the Great Depression is almost never discussed at all.

[–] RubberElectrons@lemmy.world 1 points 4 hours ago

It was, then as now, a series of bad choices in terms of reducing regulation and anti-worker decisions. We are in danger of echoing those times.

Hoover certainly did his part to make the situation worse though, and quickly.