hahaaha, zit you continue to prove your lack of intelligence, comparing the unprecedented growth of the stock market to the crash of 1929, are you smoking crack, why try to argue, you are obviously severely delusional
so none of Hoover's policies had to do with his loss of jobs, better read up on presidential history
oh and I love your comparison to world war II with the war on terror, oh god I'm laughing so much I might choke on my pretzels
hahaha, oh boy you are funny, a world war with 2 theatres of operation halfway around the world, united states loses 400,000 soldiers, about 40 million around the world, a per capita cost that blows away any other war in u.s. history, a whole economy geared toward the war production, which much of it run by women
it must be nice to live in zit's simplified world, he just throws crazy things out there like they are true
funny that Hoover pledged to continue with his tax cuts right after the stock market crash
Zit do you remember the Hawley-Smoot Tariff Act which raised tariffs, this is widely believed to have worsened the Depression, same thing with his tightening of the money supply
Similar to Bush, Hoover would pronounce monthly that the economy was getting better, only to have the stock market fall even more
your 20 year high of economic growth is funny, the economy only grew a tremendous amount because it was in comparison to some of the worst setbacks, if you look at the real growth it was only average
The Clinton 8 year period was one of the most if not most successful of any President in terms of economic expansion
you are right about home sales and construction, probably due to low interest rates
by the way the stock market recovered the losses from 9/11 within 4 to 6 months, just about every stock was cut in half a few weeks after 9/11, just about every stock recovered to pre 9/11 levels by 6 months
