Sucrati wrote:Also, Harding got us out of a little known depression of 1919, within 18 months of taking office, the economy was back, and expanding greatly, hence the Roaring 20's
Two things that FDR is not so known for.
While his 'programs' supposedly helped us as Americans, it actually made the recovery much slower, then we hit that recession, or 'double dipped', while Europe was regaining its economy back through different methods (Great Britain if I remember correctly exited out of the Depression along with others before America because they cut spending... or became dictatorships.)
And Thanks to FDR being reelected 4 Times, there's a constitutional amendment that now limits the terms for president (why can't we do that for the other politicians?)
That Depression was caused by the demobilization of the economy following WWI. It's a natural self-correcting one, just like the one right after the Second World War.
Most European nations weren't hit by the Depression as hard as the US. And even so, with the exception of the Fascist nations, who bought their way out through arms spending and conquest, none of them recovered any faster than the US.
Further, if you want to go by that standard, the Soviet Union did the best during the Depression. After all, their economy was hardly affected at all and continued to grow throughout the Great Depression.
