Will George W. Bush become the new Herbert Hoover?
1) Interesting link, here a quote: “”Bush runs a real danger of going down as a Herbert Hoover in this scenario,” said Beverly Gage, a presidential historian at Yale University. “He could be seen as the man held responsible for what is happening who stood by and didn’t forge a clear direction at a moment when a clear direction is what was needed.” Certainly, no president can control the course of history while in office. Hoover was elected in a boom economy in 1928 that went bust a year later. But it’s those very moments of calamity and uncertainty that offer presidents an opportunity to show their true mettle. Thus far, Bush has not received high marks for his management of the housing crisis, particularly since it appears that his Treasury secretary has been running the show for the last three weeks.” 2) I must say that, as I read about Hoover in Wikipedia, I immediately noticed the Great Depression. However, the Great Depression came in the first year of Hoover’s presidency, the pre
