Donald Trump: The Herbert Hoover of the 21st Century? Murray Sabrin - Ph.D. Emeritus Prof of Finance
Donald Trump was a one-term president like Herbert Hoover, who occupied the Oval Office during the worst period of the Great Depression.
Democrats successfully ran against Hoover for decades reminding the American people that the GOP president was a "do-nothing" chief executive who allowed the economy to implode during his tenure. The "Coronavirus recession" and the deaths associated with Covid-19 in 2020 were mainly the factors that caused Trump's defeat last year.
And after Trump's January 6th rally in the nation's capital that was followed by the "storming" of the Congress by his supporters, Democrats now have another GOP president that will be their "whipping boy" for years to come. Sabrin is the author of Why The Federal Reserve Sucks: it Causes Inflation, Recessions, Bubbles and Enriches the One Percent.
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